https://www.taxtmi.com/caselaws?id=56201 The Tribunal upheld the validity of proceedings initiated under section 147 of the Income Tax Act, 1961, remitted the issue of disallowance of loss to the CIT(A), and reversed the CIT(A)'s finding on interest under section 234B, allowing the revenue's appeal. The assessee's appeal was partly allowed, and the revenue's appeal was allowed. en-us Tue, 14 Nov 2000 00:00:00 +0530 Thu, 02 Dec 2010 12:42:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56201 The Tribunal upheld the validity of proceedings initiated under section 147 of the Income Tax Act, 1961, remitted the issue of disallowance of loss to the CIT(A), and reversed the CIT(A)'s finding on interest under section 234B, allowing the revenue's appeal. The assessee's appeal was partly allowed, and the revenue's appeal was allowed. Case-Laws Income Tax Tue, 14 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56201