2019 (3) TMI 363

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..... dmanabhan For the Respondent : Mr. T. Ravikumar Senior Standing Counsel JUDGMENT DR.VINEET KOTHARI, J. Assessee has filed these Appeals aggrieved by the order passed by the learned Income Tax Appellate Tribunal, in short, 'the Tribunal' Chennai 'A' Bench, in I.T.A.Nos.2062/Mds/2003 and 2063/Mds/2003, dated 06.10.2006, for the Assessment Years 2000-2001 and 2001-2002 respectivel .....

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..... pca Laboratories, supra, but the Assessee had also claimed that only net interest income could be included, namely, gross interest minus expenditure incurred on the borrowal of the amount for investment for earning that interest and such net interest alone could be considered for the purpose of Section 80HHC and, if that net figure is so taken, there is no question of disallowance to the extent of .....

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