https://www.taxtmi.com/caselaws?id=785508 Interest on borrowed capital, surtax deduction, provisions for bad and doubtful debts, MAT computation, and payment to LT towards excise duty were the issues noted in the petition. The Supreme Court stated that the matter was squarely covered by its earlier order in Indian Petrochemicals Corporation Ltd. and disposed of the Special Leave Petition on the same terms, without recording any fresh substantive ruling on the merits. en-us Fri, 16 Jan 2026 00:00:00 +0530 Sat, 24 Jan 2026 08:39:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=785508 Interest on borrowed capital, surtax deduction, provisions for bad and doubtful debts, MAT computation, and payment to LT towards excise duty were the issues noted in the petition. The Supreme Court stated that the matter was squarely covered by its earlier order in Indian Petrochemicals Corporation Ltd. and disposed of the Special Leave Petition on the same terms, without recording any fresh substantive ruling on the merits. Case-Laws Income Tax Fri, 16 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=785508