https://www.taxtmi.com/caselaws?id=185403 The appellant's appeal involved various issues including denial of natural justice, addition of accrued interest on NPA, treatment of repayment amount, disallowance of penal expenses, expenses u/s 14A, reversal of provision for NPA, income treatment, book profit computation, and interest levy u/s 234B and 234D. The Tribunal allowed some grounds based on previous decisions, partially allowed others, dismissed some due to non-pursuance, and directed further verification on certain aspects. Ultimately, the Tribunal reversed the CIT[A]'s order on the computation of book profit, allowing the appeal on that ground while directing the AO to levy interest as necessary. en-us Tue, 03 Apr 2012 00:00:00 +0530 Thu, 11 Aug 2016 15:27:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185403 The appellant's appeal involved various issues including denial of natural justice, addition of accrued interest on NPA, treatment of repayment amount, disallowance of penal expenses, expenses u/s 14A, reversal of provision for NPA, income treatment, book profit computation, and interest levy u/s 234B and 234D. The Tribunal allowed some grounds based on previous decisions, partially allowed others, dismissed some due to non-pursuance, and directed further verification on certain aspects. Ultimately, the Tribunal reversed the CIT[A]'s order on the computation of book profit, allowing the appeal on that ground while directing the AO to levy interest as necessary. Case-Laws Income Tax Tue, 03 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185403