https://www.taxtmi.com/caselaws?id=339294 The Tribunal directed the Assessing Officer to reexamine the record to verify if the application for rectification was made within the statutory period. If the application falls within the prescribed timeframe, the claim for 'funded interest paid' should be allowed under Section 154. The appeal of the assessee was allowed for statistical purposes pending verification of the application timeline. en-us Wed, 21 Dec 2016 00:00:00 +0530 Fri, 24 Feb 2017 12:07:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339294 The Tribunal directed the Assessing Officer to reexamine the record to verify if the application for rectification was made within the statutory period. If the application falls within the prescribed timeframe, the claim for 'funded interest paid' should be allowed under Section 154. The appeal of the assessee was allowed for statistical purposes pending verification of the application timeline. Case-Laws Income Tax Wed, 21 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339294