https://www.taxtmi.com/caselaws?id=296185 The Tribunal partially allowed both the Revenue's and the Assessee's claims in a case involving various tax issues. The key outcomes included restrictions on bad debt deductions, affirmation of cash basis for interest on securities, allowance of loss on investment valuation, remand for fresh consideration of Section 14A disallowances, acceptance of wage arrears provision, non-applicability of Section 115JB to banking companies, and exclusion of unclaimed NOSTRO account balances from taxable income. en-us Fri, 13 Jun 2014 00:00:00 +0530 Fri, 09 Jul 2021 09:32:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296185 The Tribunal partially allowed both the Revenue's and the Assessee's claims in a case involving various tax issues. The key outcomes included restrictions on bad debt deductions, affirmation of cash basis for interest on securities, allowance of loss on investment valuation, remand for fresh consideration of Section 14A disallowances, acceptance of wage arrears provision, non-applicability of Section 115JB to banking companies, and exclusion of unclaimed NOSTRO account balances from taxable income. Case-Laws Income Tax Fri, 13 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296185