https://www.taxtmi.com/caselaws?id=400523 The Tribunal allowed all appeals of the assessee for statistical purposes. The decision focused on aligning deductions with income, restricting the disallowance of interest to the amount of interest income received on term deposits. The Tribunal directed the Assessing Officer to recompute interest charges in accordance with previous decisions, emphasizing proper computation under relevant sections of the Income Tax Act. en-us Wed, 23 Sep 2020 00:00:00 +0530 Tue, 10 Nov 2020 07:01:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400523 The Tribunal allowed all appeals of the assessee for statistical purposes. The decision focused on aligning deductions with income, restricting the disallowance of interest to the amount of interest income received on term deposits. The Tribunal directed the Assessing Officer to recompute interest charges in accordance with previous decisions, emphasizing proper computation under relevant sections of the Income Tax Act. Case-Laws Income Tax Wed, 23 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400523