https://www.taxtmi.com/caselaws?id=343357 The Tribunal allowed the appeal for statistical purposes, condoning the delay in filing due to valid reasons of ill health without mala-fide intent. The disallowance of interest paid to the bank was remanded to the AO for reevaluation as the CIT(A) erred in rejecting contentions not raised before the AO. Similarly, the rejection of explanations and evidences by the CIT(A) was set aside, emphasizing the need for proper consideration and adherence to legal procedures, leading to a fair resolution of the issues raised in the case. en-us Fri, 21 Apr 2017 00:00:00 +0530 Wed, 24 May 2017 07:03:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343357 The Tribunal allowed the appeal for statistical purposes, condoning the delay in filing due to valid reasons of ill health without mala-fide intent. The disallowance of interest paid to the bank was remanded to the AO for reevaluation as the CIT(A) erred in rejecting contentions not raised before the AO. Similarly, the rejection of explanations and evidences by the CIT(A) was set aside, emphasizing the need for proper consideration and adherence to legal procedures, leading to a fair resolution of the issues raised in the case. Case-Laws Income Tax Fri, 21 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343357