https://www.taxtmi.com/caselaws?id=11958 The court remanded both appeals for fresh consideration, emphasizing the importance of precise interpretation of statutory provisions and comprehensive review of issues raised by both parties. The court clarified that additions under section 115J should strictly adhere to statutory language, disallowing interest on income-tax as it is not explicitly mentioned. It highlighted the distinction between provisions and liabilities under section 115J(1A), directing the matter for reconsideration by the Tribunal for a thorough examination in accordance with the law. The court stressed the need for strict interpretation of provisions to determine the admissibility of adjustments under section 143(1)(a). en-us Sat, 05 Oct 2002 00:00:00 +0530 Sat, 13 Feb 2010 12:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11958 The court remanded both appeals for fresh consideration, emphasizing the importance of precise interpretation of statutory provisions and comprehensive review of issues raised by both parties. The court clarified that additions under section 115J should strictly adhere to statutory language, disallowing interest on income-tax as it is not explicitly mentioned. It highlighted the distinction between provisions and liabilities under section 115J(1A), directing the matter for reconsideration by the Tribunal for a thorough examination in accordance with the law. The court stressed the need for strict interpretation of provisions to determine the admissibility of adjustments under section 143(1)(a). Case-Laws Income Tax Sat, 05 Oct 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11958