https://www.taxtmi.com/caselaws?id=406229 The appeal was filed against the disallowance of interest expenses claimed under Section 36(1)(iii) of the Income Tax Act, 1961. The CIT(A) partly allowed the appeal, remanding the issue back to the Assessing Officer for proper adjudication based on the evidence submitted by the assessee. The decision highlighted the importance of substantiating claims with documentary evidence and ensuring procedural fairness in tax matters. The appeal was partly allowed for statistical purposes, emphasizing the need for verification of documents and adherence to legal principles. en-us Thu, 01 Apr 2021 00:00:00 +0530 Fri, 09 Apr 2021 07:58:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406229 The appeal was filed against the disallowance of interest expenses claimed under Section 36(1)(iii) of the Income Tax Act, 1961. The CIT(A) partly allowed the appeal, remanding the issue back to the Assessing Officer for proper adjudication based on the evidence submitted by the assessee. The decision highlighted the importance of substantiating claims with documentary evidence and ensuring procedural fairness in tax matters. The appeal was partly allowed for statistical purposes, emphasizing the need for verification of documents and adherence to legal principles. Case-Laws Income Tax Thu, 01 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406229