https://www.taxtmi.com/caselaws?id=238092 The Tribunal allowed both appeals filed by the assessee for statistical purposes, directing the Assessing Officer (AO) to re-examine and reconsider the contested issues. The disallowance of pension payments and non-performing investments written off were set aside, following previous decisions favoring the assessee. The issue of interest charged under Section 220(2) was remitted back to the AO for fresh examination in light of a Supreme Court decision. The interest levied under Section 234D was upheld based on a binding High Court decision. en-us Wed, 12 Jun 2013 00:00:00 +0530 Tue, 15 Oct 2013 10:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238092 The Tribunal allowed both appeals filed by the assessee for statistical purposes, directing the Assessing Officer (AO) to re-examine and reconsider the contested issues. The disallowance of pension payments and non-performing investments written off were set aside, following previous decisions favoring the assessee. The issue of interest charged under Section 220(2) was remitted back to the AO for fresh examination in light of a Supreme Court decision. The interest levied under Section 234D was upheld based on a binding High Court decision. Case-Laws Income Tax Wed, 12 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238092