https://www.taxtmi.com/caselaws?id=309372 The ITAT allowed the appeal of the assessee for statistical purposes, emphasizing that the CIT(A) should have considered the additional ground for deduction of excess interest credited in the books of account. The ITAT clarified that the CIT(A) has the authority to entertain additional grounds and remanded the issue back to the Assessing Officer for fresh adjudication in accordance with the law. en-us Tue, 11 Apr 2023 00:00:00 +0530 Mon, 28 Aug 2023 18:18:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309372 The ITAT allowed the appeal of the assessee for statistical purposes, emphasizing that the CIT(A) should have considered the additional ground for deduction of excess interest credited in the books of account. The ITAT clarified that the CIT(A) has the authority to entertain additional grounds and remanded the issue back to the Assessing Officer for fresh adjudication in accordance with the law. Case-Laws Income Tax Tue, 11 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309372