https://www.taxtmi.com/caselaws?id=406414 The tribunal dismissed the appeal for A.Y. 2001-02 regarding disallowance of administrative expenses under Rule 8D(2)(iii) but partly allowed the appeal for A.Y. 2004-05. Relief was granted on specific grounds such as deduction under Section 33AC for various incomes and set-off of brought forward unabsorbed long-term capital loss against capital gains. The tribunal upheld decisions on issues like the allowability of interest under Section 244A and rectification under Section 154 regarding MAT credit. An additional ground on deduction under Section 33AC while computing book profits was remitted to the AO for reconsideration. en-us Tue, 30 Mar 2021 00:00:00 +0530 Wed, 14 Apr 2021 08:47:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406414 The tribunal dismissed the appeal for A.Y. 2001-02 regarding disallowance of administrative expenses under Rule 8D(2)(iii) but partly allowed the appeal for A.Y. 2004-05. Relief was granted on specific grounds such as deduction under Section 33AC for various incomes and set-off of brought forward unabsorbed long-term capital loss against capital gains. The tribunal upheld decisions on issues like the allowability of interest under Section 244A and rectification under Section 154 regarding MAT credit. An additional ground on deduction under Section 33AC while computing book profits was remitted to the AO for reconsideration. Case-Laws Income Tax Tue, 30 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406414