https://www.taxtmi.com/caselaws?id=420624 The Tribunal affirmed the CIT-I's order under Section 263, directing the Assessing Officer to disallow the interest paid of Rs. 2,85,632/- under Section 40(a)(ia) and the claim of deduction under Section 54EC for the STDR with SBI. The Tribunal held that the original assessment order was erroneous and prejudicial to the revenue due to inadequate examination by the A.O. The appeal of the assessee was dismissed, and the order was pronounced on April 1, 2022. en-us Fri, 01 Apr 2022 00:00:00 +0530 Wed, 06 Apr 2022 09:09:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420624 The Tribunal affirmed the CIT-I's order under Section 263, directing the Assessing Officer to disallow the interest paid of Rs. 2,85,632/- under Section 40(a)(ia) and the claim of deduction under Section 54EC for the STDR with SBI. The Tribunal held that the original assessment order was erroneous and prejudicial to the revenue due to inadequate examination by the A.O. The appeal of the assessee was dismissed, and the order was pronounced on April 1, 2022. Case-Laws Income Tax Fri, 01 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420624