https://www.taxtmi.com/caselaws?id=399048 The ITAT resolved the appeal by allowing the assessee's claims for statistical purposes and dismissing the revenue's appeal. The Tribunal limited the disallowance of interest under Sec. 57 to Rs. 4,13,695, directed the AO to recompute interest under Secs. 234A, 234B, and 234C excluding TDS income, and upheld the CIT(A)'s decision on capitalizing the interest disallowance under Sec. 14A. en-us Wed, 23 Sep 2020 00:00:00 +0530 Tue, 05 Nov 2024 12:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399048 The ITAT resolved the appeal by allowing the assessee's claims for statistical purposes and dismissing the revenue's appeal. The Tribunal limited the disallowance of interest under Sec. 57 to Rs. 4,13,695, directed the AO to recompute interest under Secs. 234A, 234B, and 234C excluding TDS income, and upheld the CIT(A)'s decision on capitalizing the interest disallowance under Sec. 14A. Case-Laws Income Tax Wed, 23 Sep 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399048