https://www.taxtmi.com/caselaws?id=465973 ITAT remanded assessment of a trust concerning interest on bank fixed deposits and interest on income-tax refunds to the Assessing Officer for de novo assessment because the lead assessment year remains pending following an earlier Tribunal remand; the remand prevents detailed adjudication at this stage. The Assessing Officer is directed to determine taxable income afresh and to consider, as an alternate plea, the assessees claim under the principle of mutuality while taking into account the position the assessee adopts before the AO. en-us Wed, 31 Jan 2018 00:00:00 +0530 Sat, 17 Jan 2026 20:13:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465973 ITAT remanded assessment of a trust concerning interest on bank fixed deposits and interest on income-tax refunds to the Assessing Officer for de novo assessment because the lead assessment year remains pending following an earlier Tribunal remand; the remand prevents detailed adjudication at this stage. The Assessing Officer is directed to determine taxable income afresh and to consider, as an alternate plea, the assessees claim under the principle of mutuality while taking into account the position the assessee adopts before the AO. Case-Laws Income Tax Wed, 31 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465973