https://www.taxtmi.com/caselaws?id=328101 The Tribunal allowed the appeal for statistical purposes, setting aside both issues to the AO for fresh verification and decision. The AO was directed to verify the repayment of the loans and decide the issue of interest based on merits, providing the assessee with an adequate opportunity of being heard in accordance with the principles of natural justice. en-us Wed, 20 Apr 2016 00:00:00 +0530 Tue, 24 May 2016 18:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328101 The Tribunal allowed the appeal for statistical purposes, setting aside both issues to the AO for fresh verification and decision. The AO was directed to verify the repayment of the loans and decide the issue of interest based on merits, providing the assessee with an adequate opportunity of being heard in accordance with the principles of natural justice. Case-Laws Income Tax Wed, 20 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328101