https://www.taxtmi.com/caselaws?id=441889 The Tribunal allowed the appeal for condonation of delay, permitting the case to be heard on merits. However, it upheld the disallowance of the deduction claimed under Section 37 for interest paid under Section 201(1A) of the Income Tax Act. The Tribunal directed the Assessing Officer to verify the correct amount of interest claimed as a deduction, remanding the matter for further examination. en-us Thu, 30 Mar 2023 00:00:00 +0530 Fri, 18 Aug 2023 15:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441889 The Tribunal allowed the appeal for condonation of delay, permitting the case to be heard on merits. However, it upheld the disallowance of the deduction claimed under Section 37 for interest paid under Section 201(1A) of the Income Tax Act. The Tribunal directed the Assessing Officer to verify the correct amount of interest claimed as a deduction, remanding the matter for further examination. Case-Laws Income Tax Thu, 30 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441889