Assessing Officer's Calculation of Business Profits: Net vs. Gross Interest Income for Section 10AA Deductions Disputed.

Whether AO ought to have reduced not the gross interest income but the net interest income for qualifying the profits of the business for determining the eligible deduction u/ 10AA - As the DRP has not decided this issue and the final assessment order is only for implementing the direction of the DRP u/s 144C(13), the assessee cannot raise this issue at this stage - AT .....

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