https://www.taxtmi.com/caselaws?id=240973 The Tribunal allowed the department's appeal concerning the disallowance of interest under section 36(1)(iii) of the I.T. Act, 1961. The ld CIT(A)'s decision to delete a portion of the disallowed interest was overturned, and the matter was remanded to the AO for fresh assessment. Additionally, the Tribunal set aside the ld CIT(A)'s order regarding the admission of fresh evidence without allowing the AO to examine it under Rule 46A of I.T. Rules, 1962. The case was remanded to the AO to ensure a fair hearing process and proper consideration of the evidence provided by the assessee. en-us Mon, 04 Feb 2013 00:00:00 +0530 Sun, 15 Dec 2013 10:29:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240973 The Tribunal allowed the department's appeal concerning the disallowance of interest under section 36(1)(iii) of the I.T. Act, 1961. The ld CIT(A)'s decision to delete a portion of the disallowed interest was overturned, and the matter was remanded to the AO for fresh assessment. Additionally, the Tribunal set aside the ld CIT(A)'s order regarding the admission of fresh evidence without allowing the AO to examine it under Rule 46A of I.T. Rules, 1962. The case was remanded to the AO to ensure a fair hearing process and proper consideration of the evidence provided by the assessee. Case-Laws Income Tax Mon, 04 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240973