https://www.taxtmi.com/caselaws?id=247297 The High Court set aside the Tribunal's findings on the disallowance of sundry debtors claim, remanding it for reconsideration in line with the Supreme Court's ruling. The Court directed the Assessing Officer to await the Supreme Court's decision on the levy of surcharge and upheld the applicability of interest under Section 158BFA(1). All contentions related to the sundry debtors claim were left open, and the appeals were disposed of without costs. en-us Mon, 27 Jan 2014 00:00:00 +0530 Sat, 21 Feb 2015 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247297 The High Court set aside the Tribunal's findings on the disallowance of sundry debtors claim, remanding it for reconsideration in line with the Supreme Court's ruling. The Court directed the Assessing Officer to await the Supreme Court's decision on the levy of surcharge and upheld the applicability of interest under Section 158BFA(1). All contentions related to the sundry debtors claim were left open, and the appeals were disposed of without costs. Case-Laws Income Tax Mon, 27 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247297