https://www.taxtmi.com/caselaws?id=425533 The Tribunal dismissed the appeal on the taxability of interest received under Section 244A and the disallowance of business expenditure. However, the appeal regarding the write-off of investments in Ponni Sugars (Orissa) Ltd. was allowed, with the losses treated as business expenditure. The overall appeal was partly allowed. en-us Fri, 22 Jul 2022 00:00:00 +0530 Tue, 26 Jul 2022 13:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425533 The Tribunal dismissed the appeal on the taxability of interest received under Section 244A and the disallowance of business expenditure. However, the appeal regarding the write-off of investments in Ponni Sugars (Orissa) Ltd. was allowed, with the losses treated as business expenditure. The overall appeal was partly allowed. Case-Laws Income Tax Fri, 22 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425533