https://www.taxtmi.com/caselaws?id=781092 ITAT (Hyderabad) held that the CIT(A) exceeded the proviso to s.251(1)(a) by directing a full de novo assessment instead of remanding only the s.36(1)(iii) disallowance; the remand must be proportionate to the default. Applying the Tribunal's prior finding on commercial expediency, the s.36(1)(iii) disallowance relating to investments covered by that principle is deleted. For other investments not covered, the matter is restored to the AO for limited verification of linkage with interest-free funds. Appeal allowed for statistical purposes. en-us Fri, 17 Oct 2025 00:00:00 +0530 Tue, 11 Nov 2025 08:20:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781092 ITAT (Hyderabad) held that the CIT(A) exceeded the proviso to s.251(1)(a) by directing a full de novo assessment instead of remanding only the s.36(1)(iii) disallowance; the remand must be proportionate to the default. Applying the Tribunal's prior finding on commercial expediency, the s.36(1)(iii) disallowance relating to investments covered by that principle is deleted. For other investments not covered, the matter is restored to the AO for limited verification of linkage with interest-free funds. Appeal allowed for statistical purposes. Case-Laws Income Tax Fri, 17 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781092