https://www.taxtmi.com/caselaws?id=443155 The Tribunal partly allowed the appeals for the assessment years in question, condoning the delay in filing due to valid reasons. The deduction of profit from PDS activities was remanded to consider proportionate expenses. The disallowance of dividend income from a cooperative bank was vacated, following relevant precedent. The issue of other income was remanded for re-adjudication by the AO to determine the extent eligible for deduction under relevant sections. The AO was directed to re-assess deductions based on the Tribunal's findings. en-us Tue, 05 Sep 2023 00:00:00 +0530 Sat, 16 Sep 2023 10:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=443155 The Tribunal partly allowed the appeals for the assessment years in question, condoning the delay in filing due to valid reasons. The deduction of profit from PDS activities was remanded to consider proportionate expenses. The disallowance of dividend income from a cooperative bank was vacated, following relevant precedent. The issue of other income was remanded for re-adjudication by the AO to determine the extent eligible for deduction under relevant sections. The AO was directed to re-assess deductions based on the Tribunal's findings. Case-Laws Income Tax Tue, 05 Sep 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=443155