https://www.taxtmi.com/caselaws?id=418081 The Tribunal partly allowed the appeal by the Revenue, setting aside certain decisions and remitting the matters to the Assessing Officer for fresh consideration. The disallowance of interest payment without deduction of tax at source was reinstated due to non-compliance with prescribed forms. The deletion of addition related to capital work-in-progress was remitted for lack of details on loan utilization. The disallowance under section 14A was upheld, restricting it to the exempt income earned. The deletion of an addition due to a TDS mismatch was accepted after satisfactory reconciliation. en-us Fri, 28 Jan 2022 00:00:00 +0530 Tue, 08 Feb 2022 06:55:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=418081 The Tribunal partly allowed the appeal by the Revenue, setting aside certain decisions and remitting the matters to the Assessing Officer for fresh consideration. The disallowance of interest payment without deduction of tax at source was reinstated due to non-compliance with prescribed forms. The deletion of addition related to capital work-in-progress was remitted for lack of details on loan utilization. The disallowance under section 14A was upheld, restricting it to the exempt income earned. The deletion of an addition due to a TDS mismatch was accepted after satisfactory reconciliation. Case-Laws Income Tax Fri, 28 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=418081