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2003 (3) TMI 84 - HC - Income Tax"Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that the assessee-bank was not liable to be taxed in respect of the amounts credited to Interest Suspense Account being interest on sticky loans and advances?" - "Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in directing the Assessing Officer to allow head office expenses at Rs. 13,45,492 being average head office expenses and not the least 9 of the three amounts mentioned in section 44C of the Income-tax Act?" - The above quoted question is answered in the affirmative, i.e., in favour of the assessee and against the Department.
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