https://www.taxtmi.com/caselaws?id=151684 The Tribunal found the Assessing Officer's order erroneous and prejudicial to Revenue's interests regarding the deduction for technical know-how fees and taxability of interest receivable on inter corporate deposits. The order was set aside for reconsideration as the Assessing Officer failed to apply the correct provisions of law and lacked consistency in treatment. The Tribunal upheld the Commissioner of Income-tax's decision to set aside the issues for fresh assessment due to the errors in the initial order. en-us Thu, 30 Sep 2010 00:00:00 +0530 Wed, 12 Jun 2013 11:14:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151684 The Tribunal found the Assessing Officer's order erroneous and prejudicial to Revenue's interests regarding the deduction for technical know-how fees and taxability of interest receivable on inter corporate deposits. The order was set aside for reconsideration as the Assessing Officer failed to apply the correct provisions of law and lacked consistency in treatment. The Tribunal upheld the Commissioner of Income-tax's decision to set aside the issues for fresh assessment due to the errors in the initial order. Case-Laws Income Tax Thu, 30 Sep 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151684