https://www.taxtmi.com/caselaws?id=420835 The appeal by the assessee was partly allowed for statistical purposes. The issues related to the addition of notional interest on interest-free deposits were remanded to the AO for fresh adjudication. The ground related to the addition of Rs. 193,400 paid as interest on loans was dismissed as not pressed. General grounds alleging the order being bad in law and based on surmises and conjectures were not separately adjudicated. The additional ground of appeal filed by the assessee was also dismissed as not pressed. en-us Fri, 08 Apr 2022 00:00:00 +0530 Mon, 11 Apr 2022 08:41:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420835 The appeal by the assessee was partly allowed for statistical purposes. The issues related to the addition of notional interest on interest-free deposits were remanded to the AO for fresh adjudication. The ground related to the addition of Rs. 193,400 paid as interest on loans was dismissed as not pressed. General grounds alleging the order being bad in law and based on surmises and conjectures were not separately adjudicated. The additional ground of appeal filed by the assessee was also dismissed as not pressed. Case-Laws Income Tax Fri, 08 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420835