https://www.taxtmi.com/caselaws?id=417973 The Tribunal remanded the case back to the Commissioner of Appeal for detailed verification and examination due to the lack of proper assessment and verification by the authorities regarding the disallowance of interest paid on a loan utilized for business purposes. The Tribunal directed the Commissioner to reevaluate the case, conduct thorough scrutiny, and provide the assessee with a fair opportunity to present relevant documents for proper assessment of the loan utilization and alleged errors made during the proceedings. en-us Mon, 31 Jan 2022 00:00:00 +0530 Sat, 05 Feb 2022 08:25:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=417973 The Tribunal remanded the case back to the Commissioner of Appeal for detailed verification and examination due to the lack of proper assessment and verification by the authorities regarding the disallowance of interest paid on a loan utilized for business purposes. The Tribunal directed the Commissioner to reevaluate the case, conduct thorough scrutiny, and provide the assessee with a fair opportunity to present relevant documents for proper assessment of the loan utilization and alleged errors made during the proceedings. Case-Laws Income Tax Mon, 31 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=417973