https://www.taxtmi.com/caselaws?id=217260 The Tribunal set aside the issues to the file of Ld CIT(A) for re-adjudication with proper hearing as the assessment order lacked detailed reasoning and the assessee was not given sufficient opportunity to present its case. The Assessing Officer disallowed all business expenses claimed by the assessee, but the Tribunal found that clear reasons were not provided for the disallowance. The Tribunal directed a re-adjudication by the Ld CIT(A) with due opportunity of hearing. The claim of interest expenses was partly disallowed due to lack of supporting documentation, and the Tribunal allowed the appeal for statistical purposes, directing a re-adjudication with proper opportunity of hearing. en-us Fri, 27 Jul 2012 00:00:00 +0530 Mon, 10 Sep 2012 11:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217260 The Tribunal set aside the issues to the file of Ld CIT(A) for re-adjudication with proper hearing as the assessment order lacked detailed reasoning and the assessee was not given sufficient opportunity to present its case. The Assessing Officer disallowed all business expenses claimed by the assessee, but the Tribunal found that clear reasons were not provided for the disallowance. The Tribunal directed a re-adjudication by the Ld CIT(A) with due opportunity of hearing. The claim of interest expenses was partly disallowed due to lack of supporting documentation, and the Tribunal allowed the appeal for statistical purposes, directing a re-adjudication with proper opportunity of hearing. Case-Laws Income Tax Fri, 27 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217260