https://www.taxtmi.com/caselaws?id=432236 The Tribunal upheld the Principal Commissioner of Income Tax's order on the application of Section 115BBE and the non-deduction of TDS on interest paid to Bajaj Finance Ltd, deeming these errors prejudicial to revenue. However, the Tribunal quashed the order on other issues, stating that the Assessing Officer had appropriately examined administrative expenses, interest payments, and profit rates, finding no errors or prejudice to revenue. The appeal of the assessee was partially allowed. en-us Mon, 19 Dec 2022 00:00:00 +0530 Sat, 31 Dec 2022 08:45:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432236 The Tribunal upheld the Principal Commissioner of Income Tax's order on the application of Section 115BBE and the non-deduction of TDS on interest paid to Bajaj Finance Ltd, deeming these errors prejudicial to revenue. However, the Tribunal quashed the order on other issues, stating that the Assessing Officer had appropriately examined administrative expenses, interest payments, and profit rates, finding no errors or prejudice to revenue. The appeal of the assessee was partially allowed. Case-Laws Income Tax Mon, 19 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432236