https://www.taxtmi.com/caselaws?id=217773 The Tribunal dismissed the appeal, upholding the Assessing Officer's disallowance of the claim under section 35D. The Tribunal confirmed the mandatory levy of interest under sections 234B and 234C. The initiation of penalty under section 271(1)(c) was considered premature and dismissed. Issues regarding the computation of total income and the legality of the assessment order were either not specifically addressed or not pressed during the hearing. en-us Wed, 18 Jul 2012 00:00:00 +0530 Thu, 25 Oct 2012 08:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217773 The Tribunal dismissed the appeal, upholding the Assessing Officer's disallowance of the claim under section 35D. The Tribunal confirmed the mandatory levy of interest under sections 234B and 234C. The initiation of penalty under section 271(1)(c) was considered premature and dismissed. Issues regarding the computation of total income and the legality of the assessment order were either not specifically addressed or not pressed during the hearing. Case-Laws Income Tax Wed, 18 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217773