https://www.taxtmi.com/caselaws?id=334945 The Tribunal allowed the appeal for statistical purposes, remanding the case back to the Assessing Officer for fresh consideration. The Tribunal directed the AO to re-examine the disallowance of the interest expense of Rs. 10,27,507, emphasizing the need for the assessee to provide relevant evidence and explanations. The AO was instructed to consider the provisions of section 14A regarding expenses related to income not forming part of the total income. The decision was pronounced on 11th November 2016. en-us Fri, 11 Nov 2016 00:00:00 +0530 Wed, 23 Nov 2016 15:44:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334945 The Tribunal allowed the appeal for statistical purposes, remanding the case back to the Assessing Officer for fresh consideration. The Tribunal directed the AO to re-examine the disallowance of the interest expense of Rs. 10,27,507, emphasizing the need for the assessee to provide relevant evidence and explanations. The AO was instructed to consider the provisions of section 14A regarding expenses related to income not forming part of the total income. The decision was pronounced on 11th November 2016. Case-Laws Income Tax Fri, 11 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334945