https://www.taxtmi.com/caselaws?id=286741 The Tribunal allowed the assessee's appeals for all three years, dismissed the revenue's appeal for AY 2003-04, and partly allowed the revenue's other appeals. The Tribunal directed the Assessing Officer to allow exemption under section 10(23G) for interest income, treat loss on sale of investment as a business loss, consider leasehold improvements as revenue expenditure, delete the addition of interest on NPAs, allow bad debts written off due to non-receipt of TDS certificates, and uphold the write-off of loans as irrecoverable. The Tribunal also instructed further examination on issues related to short credit of TDS, rent deposit write-off, out-of-pocket expenses for Yes Bank, and an additional claim of Rs. 10 lakhs. en-us Wed, 09 Dec 2015 00:00:00 +0530 Fri, 13 Mar 2020 12:44:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=286741 The Tribunal allowed the assessee's appeals for all three years, dismissed the revenue's appeal for AY 2003-04, and partly allowed the revenue's other appeals. The Tribunal directed the Assessing Officer to allow exemption under section 10(23G) for interest income, treat loss on sale of investment as a business loss, consider leasehold improvements as revenue expenditure, delete the addition of interest on NPAs, allow bad debts written off due to non-receipt of TDS certificates, and uphold the write-off of loans as irrecoverable. The Tribunal also instructed further examination on issues related to short credit of TDS, rent deposit write-off, out-of-pocket expenses for Yes Bank, and an additional claim of Rs. 10 lakhs. Case-Laws Income Tax Wed, 09 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=286741