https://www.taxtmi.com/caselaws?id=204384 The Tribunal remitted the issues back to the Assessing Officer for reevaluation. The first issue concerning the deletion of an addition on account of excess claim of deduction under section 80IB of the Act was sent back due to failure to consider specific directions regarding interest exclusion. The second issue, involving the deletion of an addition under section 40(a)(ia) of the Act, was directed for fresh assessment considering the retrospective amendment to the section. The Tribunal did not address the assessee's cross objections as both issues were remitted for reconsideration, leading to the appeals and cross objections being treated as allowed for statistical purposes. en-us Wed, 15 Dec 2010 00:00:00 +0530 Fri, 15 Jul 2011 10:37:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204384 The Tribunal remitted the issues back to the Assessing Officer for reevaluation. The first issue concerning the deletion of an addition on account of excess claim of deduction under section 80IB of the Act was sent back due to failure to consider specific directions regarding interest exclusion. The second issue, involving the deletion of an addition under section 40(a)(ia) of the Act, was directed for fresh assessment considering the retrospective amendment to the section. The Tribunal did not address the assessee's cross objections as both issues were remitted for reconsideration, leading to the appeals and cross objections being treated as allowed for statistical purposes. Case-Laws Income Tax Wed, 15 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204384