https://www.taxtmi.com/caselaws?id=340794 The Tribunal partly allowed the appeals, granting relief on the grounds related to kasar (discount) income, interest incomes, and notional reduction of remuneration and interest payable to partners. The disallowance for late payment of PF was upheld, and the ground related to interest on TDS was dismissed due to the smallness of the amount. The issues related to charging of interest under section 234A/B/C/D and initiation of penalty proceedings under section 271(1)(c) were considered consequential and premature, respectively. en-us Wed, 22 Feb 2017 00:00:00 +0530 Mon, 27 Mar 2017 14:18:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340794 The Tribunal partly allowed the appeals, granting relief on the grounds related to kasar (discount) income, interest incomes, and notional reduction of remuneration and interest payable to partners. The disallowance for late payment of PF was upheld, and the ground related to interest on TDS was dismissed due to the smallness of the amount. The issues related to charging of interest under section 234A/B/C/D and initiation of penalty proceedings under section 271(1)(c) were considered consequential and premature, respectively. Case-Laws Income Tax Wed, 22 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340794