https://www.taxtmi.com/caselaws?id=409263 The Tribunal upheld the disallowance of interest payment to M/s.Gajmukh Investments Private Limited due to lack of supporting documentation, directing the Assessing Officer to verify the provided documents. The issue of TDS and Advance Tax claim was restored back to the Assessing Officer for further verification as the power to set aside by the CIT(A) was no longer applicable post the Finance Act, 2001. The appeal was treated as allowed for statistical purposes regarding these issues. en-us Fri, 02 Jul 2021 00:00:00 +0530 Sat, 03 Jul 2021 08:56:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409263 The Tribunal upheld the disallowance of interest payment to M/s.Gajmukh Investments Private Limited due to lack of supporting documentation, directing the Assessing Officer to verify the provided documents. The issue of TDS and Advance Tax claim was restored back to the Assessing Officer for further verification as the power to set aside by the CIT(A) was no longer applicable post the Finance Act, 2001. The appeal was treated as allowed for statistical purposes regarding these issues. Case-Laws Income Tax Fri, 02 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409263