https://www.taxtmi.com/caselaws?id=432574 The Tribunal partly allowed the appeal, deleting the disallowance of Rs. 3,27,465 for excess interest on the capital account. The issue of interest paid to the legal heirs of the deceased partner was remanded back to the Assessing Officer for reconsideration. The direction to verify the legal heir status of the new partner was deemed unnecessary. en-us Fri, 06 Jan 2023 00:00:00 +0530 Mon, 09 Jan 2023 08:58:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432574 The Tribunal partly allowed the appeal, deleting the disallowance of Rs. 3,27,465 for excess interest on the capital account. The issue of interest paid to the legal heirs of the deceased partner was remanded back to the Assessing Officer for reconsideration. The direction to verify the legal heir status of the new partner was deemed unnecessary. Case-Laws Income Tax Fri, 06 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432574