https://www.taxtmi.com/caselaws?id=56014 The Tribunal partly allowed both appeals for statistical purposes. It upheld the CIT(A)'s decisions on several disallowances and deletions, including interest and debenture issue expenses, while restoring numerous issues to the AO for further investigation. The Tribunal directed recalculations and reconsiderations on deductions under sections 80-IA and 80HHC, interest levies under sections 234B and 234C, and additional grounds raised by the assessee. The Tribunal also recognized certain expenses as revenue in nature, directing the AO to adjust accordingly. en-us Fri, 03 Dec 2004 00:00:00 +0530 Fri, 21 Jun 2024 10:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56014 The Tribunal partly allowed both appeals for statistical purposes. It upheld the CIT(A)'s decisions on several disallowances and deletions, including interest and debenture issue expenses, while restoring numerous issues to the AO for further investigation. The Tribunal directed recalculations and reconsiderations on deductions under sections 80-IA and 80HHC, interest levies under sections 234B and 234C, and additional grounds raised by the assessee. The Tribunal also recognized certain expenses as revenue in nature, directing the AO to adjust accordingly. Case-Laws Income Tax Fri, 03 Dec 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56014