https://www.taxtmi.com/caselaws?id=444289 The Tribunal partly allowed the assessee's appeal for statistical purposes, dismissing both appeals by the Revenue. The disallowed interest on delayed TDS payment was upheld, denying the deduction claimed by the assessee. The addition of penalty imposed by RBI was remanded for proper adjudication. Employees Stock Expenses (ESOP) were deemed allowable, and broken period interest on Held to Maturity (HTM) was also allowed as a deduction. The Tribunal's decision was pronounced on 3rd August 2023. en-us Thu, 03 Aug 2023 00:00:00 +0530 Thu, 12 Oct 2023 10:31:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=444289 The Tribunal partly allowed the assessee's appeal for statistical purposes, dismissing both appeals by the Revenue. The disallowed interest on delayed TDS payment was upheld, denying the deduction claimed by the assessee. The addition of penalty imposed by RBI was remanded for proper adjudication. Employees Stock Expenses (ESOP) were deemed allowable, and broken period interest on Held to Maturity (HTM) was also allowed as a deduction. The Tribunal's decision was pronounced on 3rd August 2023. Case-Laws Income Tax Thu, 03 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=444289