https://www.taxtmi.com/caselaws?id=438244 The Tribunal partly allowed the appeal, directing the AO to re-examine certain aspects. The Tribunal allowed interest paid to banks and vehicle loans but directed verification and restriction of interest paid to other lenders. The issue of remuneration paid to the Secretary was remitted for further verification. The Tribunal also remitted the issue of loan repayments for verification and to prevent double benefit. The Tribunal did not specifically address the liability to pay interest under section 234B. The order emphasized substantiating claims with proper documentation and avoiding unnecessary adjournments. en-us Mon, 22 May 2023 00:00:00 +0530 Fri, 26 May 2023 08:25:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438244 The Tribunal partly allowed the appeal, directing the AO to re-examine certain aspects. The Tribunal allowed interest paid to banks and vehicle loans but directed verification and restriction of interest paid to other lenders. The issue of remuneration paid to the Secretary was remitted for further verification. The Tribunal also remitted the issue of loan repayments for verification and to prevent double benefit. The Tribunal did not specifically address the liability to pay interest under section 234B. The order emphasized substantiating claims with proper documentation and avoiding unnecessary adjournments. Case-Laws Income Tax Mon, 22 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438244