https://www.taxtmi.com/caselaws?id=278861 The tribunal condoned the delay in filing appeals due to funds release issues, allowing the appeals to proceed on merits. Disallowance of interest expenditure under normal provisions and interest liability under section 115JB were set aside for fresh adjudication. The tribunal directed these matters to be restored to the file of CIT(A) for reconsideration. The computation of interest under sections 234A, 234B, and 234C was referred back to the assessing officer for recalculations based on prior case directions. All appeals were treated as allowed for statistical purposes. en-us Mon, 11 Sep 2017 00:00:00 +0530 Sat, 23 Feb 2019 08:47:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278861 The tribunal condoned the delay in filing appeals due to funds release issues, allowing the appeals to proceed on merits. Disallowance of interest expenditure under normal provisions and interest liability under section 115JB were set aside for fresh adjudication. The tribunal directed these matters to be restored to the file of CIT(A) for reconsideration. The computation of interest under sections 234A, 234B, and 234C was referred back to the assessing officer for recalculations based on prior case directions. All appeals were treated as allowed for statistical purposes. Case-Laws Income Tax Mon, 11 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278861