https://www.taxtmi.com/caselaws?id=393391 The Tribunal upheld the CIT (A)'s decisions on all issues, including allowing the deduction under Section 10AA for blending oils in a Special Economic Zone, disallowing hedging losses as speculative, and accepting that interest expenses were incurred for business purposes. The Revenue's appeals were dismissed, and the assessee's cross-objections were mostly rejected, except for a technical issue regarding the validity of the assessment order. en-us Tue, 07 Jan 2020 00:00:00 +0530 Sat, 14 Mar 2020 13:19:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393391 The Tribunal upheld the CIT (A)'s decisions on all issues, including allowing the deduction under Section 10AA for blending oils in a Special Economic Zone, disallowing hedging losses as speculative, and accepting that interest expenses were incurred for business purposes. The Revenue's appeals were dismissed, and the assessee's cross-objections were mostly rejected, except for a technical issue regarding the validity of the assessment order. Case-Laws Income Tax Tue, 07 Jan 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393391