https://www.taxtmi.com/caselaws?id=395227 The Appellate Tribunal directed the Assessing Officer to re-examine the addition of outstanding liabilities, loans from directors, and advances received due to lack of thorough examination and necessary information. The Tribunal allowed the appeal of the assessee regarding the charging of interest under section 234B for statistical purposes, instructing the AO to make appropriate decisions after providing the assessee with adequate opportunity. en-us Tue, 28 Apr 2020 00:00:00 +0530 Tue, 12 May 2020 13:26:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395227 The Appellate Tribunal directed the Assessing Officer to re-examine the addition of outstanding liabilities, loans from directors, and advances received due to lack of thorough examination and necessary information. The Tribunal allowed the appeal of the assessee regarding the charging of interest under section 234B for statistical purposes, instructing the AO to make appropriate decisions after providing the assessee with adequate opportunity. Case-Laws Income Tax Tue, 28 Apr 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395227