https://www.taxtmi.com/caselaws?id=289747 The Tribunal allowed the assessee's appeal for statistical purposes regarding the disallowance of interest under Section 36(1)(iii) and expenses under Section 14A of the Income Tax Act. The Tribunal directed the Commissioner of Income Tax (Appeals) to re-examine the issues considering the availability of interest-free funds for making advances and investments. The grounds of appeal were allowed for statistical purposes in both instances, with the cases being remanded back to the CIT(A) for further verification and assessment. en-us Wed, 06 Feb 2019 00:00:00 +0530 Wed, 19 Aug 2020 16:38:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289747 The Tribunal allowed the assessee's appeal for statistical purposes regarding the disallowance of interest under Section 36(1)(iii) and expenses under Section 14A of the Income Tax Act. The Tribunal directed the Commissioner of Income Tax (Appeals) to re-examine the issues considering the availability of interest-free funds for making advances and investments. The grounds of appeal were allowed for statistical purposes in both instances, with the cases being remanded back to the CIT(A) for further verification and assessment. Case-Laws Income Tax Wed, 06 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289747