https://www.taxtmi.com/caselaws?id=428132 The Tribunal remanded the issue of addition of interest income as per Form 26AS to the Assessing Officer for further verification due to discrepancies in ownership evidence. The disallowance of depreciation claimed on a vehicle was overturned as the Tribunal found it unjustified, emphasizing the vehicle's predominant business use. The Tribunal stressed the significance of accurate verification and fair consideration of facts in determining tax liabilities, ensuring the appellant's right to a fair hearing. en-us Wed, 23 Mar 2022 00:00:00 +0530 Sat, 24 Sep 2022 08:20:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428132 The Tribunal remanded the issue of addition of interest income as per Form 26AS to the Assessing Officer for further verification due to discrepancies in ownership evidence. The disallowance of depreciation claimed on a vehicle was overturned as the Tribunal found it unjustified, emphasizing the vehicle's predominant business use. The Tribunal stressed the significance of accurate verification and fair consideration of facts in determining tax liabilities, ensuring the appellant's right to a fair hearing. Case-Laws Income Tax Wed, 23 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428132