https://www.taxtmi.com/caselaws?id=413690 The Tribunal allowed the appeal for statistical purposes, directing the AO to examine and allow legitimate expenses incurred for earning interest income under Section 57. The Tribunal emphasized the importance of ensuring only net income is taxed and required the assessee to provide necessary evidence to support the deduction of expenses. en-us Thu, 14 Oct 2021 00:00:00 +0530 Mon, 18 Oct 2021 09:29:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413690 The Tribunal allowed the appeal for statistical purposes, directing the AO to examine and allow legitimate expenses incurred for earning interest income under Section 57. The Tribunal emphasized the importance of ensuring only net income is taxed and required the assessee to provide necessary evidence to support the deduction of expenses. Case-Laws Income Tax Thu, 14 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413690