TMI Blog2011 (9) TMI 115X X X X Extracts X X X X X X X X Extracts X X X X ..... br>J.P. Devadhar & K.K. Tated, JJ. P.C.: 1. Whether the Income Tax Appellate Tribunal was justified in allowing the claim of the assessee under the head "intercorporate deposits" written off by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ee in the assessment year in question had written off that amount. Since the interest income from the intercorporate deposits have been assessed as business income, in the facts of the present ca ..... X X X X Extracts X X X X X X X X Extracts X X X X
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