https://www.taxtmi.com/caselaws?id=269929 The Tribunal dismissed the appeal challenging the rejection of contentions on reopening the assessment for certain years. Regarding the disallowance of interest paid to Canara Bank, the Tribunal remitted the issue back to the Assessing Officer for fresh consideration. Similarly, for the disallowance of commission paid to a non-resident, the Tribunal directed the Assessing Officer to further investigate and asked the assessee to establish the nature of services rendered by the non-resident agent. The Tribunal partially allowed the appeal on the interest paid to Canara Bank and the commission paid to the non-resident for statistical purposes. en-us Fri, 16 Oct 2015 00:00:00 +0530 Thu, 24 Dec 2015 10:10:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=269929 The Tribunal dismissed the appeal challenging the rejection of contentions on reopening the assessment for certain years. Regarding the disallowance of interest paid to Canara Bank, the Tribunal remitted the issue back to the Assessing Officer for fresh consideration. Similarly, for the disallowance of commission paid to a non-resident, the Tribunal directed the Assessing Officer to further investigate and asked the assessee to establish the nature of services rendered by the non-resident agent. The Tribunal partially allowed the appeal on the interest paid to Canara Bank and the commission paid to the non-resident for statistical purposes. Case-Laws Income Tax Fri, 16 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=269929