https://www.taxtmi.com/caselaws?id=282365 The case involved issues of addition of excess stock, disallowance of interest on borrowed funds, notional income from house property, and penalty for concealment of income. The ITAT allowed the appeals for statistical purposes and remitted the matters back to the AO for fresh adjudication. The penalty for concealment of income was canceled, pending the outcome of the quantum appeal decision. en-us Wed, 30 Nov 2011 00:00:00 +0530 Mon, 05 Aug 2019 14:59:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282365 The case involved issues of addition of excess stock, disallowance of interest on borrowed funds, notional income from house property, and penalty for concealment of income. The ITAT allowed the appeals for statistical purposes and remitted the matters back to the AO for fresh adjudication. The penalty for concealment of income was canceled, pending the outcome of the quantum appeal decision. Case-Laws Income Tax Wed, 30 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282365