https://www.taxtmi.com/caselaws?id=287299 The Tribunal dismissed the assessee's appeal on the disallowance of excess deduction for bad and doubtful debts, upheld the disallowance under Section 14A, remitted the provision for leave encashment issue back to the AO pending Supreme Court decision, held Section 115JB inapplicable, directed re-computation of unabsorbed losses, excluded profits from Singapore Branch, and upheld the deletion of interest expenditure disallowance. The assessee's appeal was partly allowed, and the Revenue's appeal was dismissed. en-us Tue, 05 Jul 2016 00:00:00 +0530 Wed, 08 Apr 2020 10:17:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=287299 The Tribunal dismissed the assessee's appeal on the disallowance of excess deduction for bad and doubtful debts, upheld the disallowance under Section 14A, remitted the provision for leave encashment issue back to the AO pending Supreme Court decision, held Section 115JB inapplicable, directed re-computation of unabsorbed losses, excluded profits from Singapore Branch, and upheld the deletion of interest expenditure disallowance. The assessee's appeal was partly allowed, and the Revenue's appeal was dismissed. Case-Laws Income Tax Tue, 05 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=287299