https://www.taxtmi.com/caselaws?id=176208 The Tribunal annulled the assessment order by ADIT (International Taxation)-II, Hyderabad, citing lack of jurisdiction. It upheld the CIT(A)'s decisions on interest income taxability, expense deduction, and interest waiver. The assessment reopening under section 148 was deemed invalid due to premature notice issuance. The Revenue's appeals were dismissed, while the assessee's appeals and cross-objections were allowed. en-us Wed, 31 Jul 2013 00:00:00 +0530 Thu, 17 Dec 2015 10:00:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176208 The Tribunal annulled the assessment order by ADIT (International Taxation)-II, Hyderabad, citing lack of jurisdiction. It upheld the CIT(A)'s decisions on interest income taxability, expense deduction, and interest waiver. The assessment reopening under section 148 was deemed invalid due to premature notice issuance. The Revenue's appeals were dismissed, while the assessee's appeals and cross-objections were allowed. Case-Laws Income Tax Wed, 31 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176208