https://www.taxtmi.com/caselaws?id=468159 Section 80HHC computation was remitted where the same issue was already pending before the jurisdictional HC, and the Tribunal followed judicial discipline by avoiding a conflicting ruling; the deduction question was therefore sent back for fresh adjudication. Interest receipts had to be examined source-wise, because some items were business-linked while others required separate treatment, so the income classification was partly remanded. Disallowance under section 14A was also set aside for de novo consideration in light of prior-year treatment and claimed own-fund investment. For section 80HHC, only net interest after setting off interest expenditure against interest income was relevant, and the additional ground on foreign subsidiary tax credit was admitted and remanded. en-us Thu, 12 Apr 2018 00:00:00 +0530 Sun, 19 Apr 2026 21:53:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468159 Section 80HHC computation was remitted where the same issue was already pending before the jurisdictional HC, and the Tribunal followed judicial discipline by avoiding a conflicting ruling; the deduction question was therefore sent back for fresh adjudication. Interest receipts had to be examined source-wise, because some items were business-linked while others required separate treatment, so the income classification was partly remanded. Disallowance under section 14A was also set aside for de novo consideration in light of prior-year treatment and claimed own-fund investment. For section 80HHC, only net interest after setting off interest expenditure against interest income was relevant, and the additional ground on foreign subsidiary tax credit was admitted and remanded. Case-Laws Income Tax Thu, 12 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468159