https://www.taxtmi.com/caselaws?id=238677 The Appeals Officer charged interest under sections 234A, 234B, and 234C for AYs 2004-05 and 2005-06. The First Appellate Authority directed the AO to delete the interest levied under section 234 of the Act. The issue was remanded back to the FAA for re-adjudication. The validity of the assessment order under section 143(3) was questioned, with certain grounds dismissed. The Tribunal referred to a previous case and set aside the issue of disallowance of interest. Relief of liability towards interest expenditure was partially allowed, and the taxation of income favored the appellant under the Special Court Act. en-us Thu, 19 Sep 2013 00:00:00 +0530 Tue, 29 Oct 2013 08:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=238677 The Appeals Officer charged interest under sections 234A, 234B, and 234C for AYs 2004-05 and 2005-06. The First Appellate Authority directed the AO to delete the interest levied under section 234 of the Act. The issue was remanded back to the FAA for re-adjudication. The validity of the assessment order under section 143(3) was questioned, with certain grounds dismissed. The Tribunal referred to a previous case and set aside the issue of disallowance of interest. Relief of liability towards interest expenditure was partially allowed, and the taxation of income favored the appellant under the Special Court Act. Case-Laws Income Tax Thu, 19 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=238677