https://www.taxtmi.com/caselaws?id=65633 The Tribunal admitted the additional ground regarding the surtax liability raised by the assessee, citing judicial precedents that support the Tribunal's broad powers to consider new grounds. The Tribunal remanded the matter to the Assessing Officer to determine the exact surtax liability and apply the relevant legal principles to decide on the deductibility of the surtax liability under Section 37 of the Income-tax Act. en-us Tue, 20 Apr 1993 00:00:00 +0530 Fri, 18 Feb 2011 10:44:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65633 The Tribunal admitted the additional ground regarding the surtax liability raised by the assessee, citing judicial precedents that support the Tribunal's broad powers to consider new grounds. The Tribunal remanded the matter to the Assessing Officer to determine the exact surtax liability and apply the relevant legal principles to decide on the deductibility of the surtax liability under Section 37 of the Income-tax Act. Case-Laws Income Tax Tue, 20 Apr 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65633