https://www.taxtmi.com/caselaws?id=216376 The appeals regarding the addition on account of suppressed sales were partly allowed, with the issue remanded to the Assessing Officer for further examination. The disallowance of interest claimed for business purposes was also remanded for verification. The disallowance of interest against income from other sources was upheld. The recalculation of interest under sections 234B and 234C was directed. Appeals related to rectification petitions were dismissed as moot due to the main issue being remanded. en-us Fri, 22 Jun 2012 00:00:00 +0530 Sat, 08 Sep 2012 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216376 The appeals regarding the addition on account of suppressed sales were partly allowed, with the issue remanded to the Assessing Officer for further examination. The disallowance of interest claimed for business purposes was also remanded for verification. The disallowance of interest against income from other sources was upheld. The recalculation of interest under sections 234B and 234C was directed. Appeals related to rectification petitions were dismissed as moot due to the main issue being remanded. Case-Laws Income Tax Fri, 22 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216376