https://www.taxtmi.com/caselaws?id=373228 The tribunal upheld jurisdiction under Section 153C read with Section 153A for assessment years 2006-07 to 2012-13, despite the appellant's challenge. The tribunal directed the Assessing Officer to delete additions made towards excess interest income, appraiser fee, and adhoc disallowance towards salary expenses for the relevant assessment years. The levy of interest under Sections 234A, 234B, and 234C was deemed consequential, leading to partial allowance of the appeals and deletion of various additions for the relevant assessment years. en-us Wed, 14 Nov 2018 00:00:00 +0530 Wed, 09 Jan 2019 08:23:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373228 The tribunal upheld jurisdiction under Section 153C read with Section 153A for assessment years 2006-07 to 2012-13, despite the appellant's challenge. The tribunal directed the Assessing Officer to delete additions made towards excess interest income, appraiser fee, and adhoc disallowance towards salary expenses for the relevant assessment years. The levy of interest under Sections 234A, 234B, and 234C was deemed consequential, leading to partial allowance of the appeals and deletion of various additions for the relevant assessment years. Case-Laws Income Tax Wed, 14 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373228