https://www.taxtmi.com/caselaws?id=213276 The Tribunal allowed the appeal in part and remanded various issues back to the Assessing Officer (AO) for fresh consideration. The Tribunal held that the Commissioner of Income Tax (Appeals) was not justified in not admitting additional legal grounds raised by the assessee. The AO was directed to re-examine the disallowance of interest expenditure, employer's contribution to PF, set-off of carried forward unabsorbed depreciation, and other related matters in accordance with the Income-tax Act and relevant judicial decisions. en-us Thu, 29 Mar 2012 00:00:00 +0530 Wed, 16 May 2012 07:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=213276 The Tribunal allowed the appeal in part and remanded various issues back to the Assessing Officer (AO) for fresh consideration. The Tribunal held that the Commissioner of Income Tax (Appeals) was not justified in not admitting additional legal grounds raised by the assessee. The AO was directed to re-examine the disallowance of interest expenditure, employer's contribution to PF, set-off of carried forward unabsorbed depreciation, and other related matters in accordance with the Income-tax Act and relevant judicial decisions. Case-Laws Income Tax Thu, 29 Mar 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=213276