https://www.taxtmi.com/caselaws?id=306361 The Tribunal upheld the Ld. CIT(A)'s decision on all grounds of appeal, directing the Assessing Officer to treat interest income as business income based on past acceptance, deleting disallowances of claimed expenditure as corporate expenses due to lack of justification, sustaining taxability of interest receipts with adjustments, and deleting disallowance under section 40(a)(ia) for failure to provide TDS details. The appeal was dismissed, emphasizing consistency, substance of activities, and examination of relevant evidence in tax decisions. en-us Fri, 18 Aug 2017 00:00:00 +0530 Tue, 24 Jan 2023 19:59:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=306361 The Tribunal upheld the Ld. CIT(A)'s decision on all grounds of appeal, directing the Assessing Officer to treat interest income as business income based on past acceptance, deleting disallowances of claimed expenditure as corporate expenses due to lack of justification, sustaining taxability of interest receipts with adjustments, and deleting disallowance under section 40(a)(ia) for failure to provide TDS details. The appeal was dismissed, emphasizing consistency, substance of activities, and examination of relevant evidence in tax decisions. Case-Laws Income Tax Fri, 18 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=306361