https://www.taxtmi.com/caselaws?id=57544 The Tribunal allowed the appeal, setting aside the order passed by the Commissioner under section 263. The Tribunal ruled in favor of the assessee regarding the allocation of interest payments between the Bangalore and Hosur units of the company, holding that the order passed by the Commissioner without giving the assessee an opportunity to be heard was a nullity. The Tribunal found in favor of the assessee on the merits of the case, emphasizing the separate accounting maintained by the assessee for the units and the proper allocation of interest payments. en-us Wed, 15 Oct 1997 00:00:00 +0530 Fri, 10 Dec 2010 16:59:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57544 The Tribunal allowed the appeal, setting aside the order passed by the Commissioner under section 263. The Tribunal ruled in favor of the assessee regarding the allocation of interest payments between the Bangalore and Hosur units of the company, holding that the order passed by the Commissioner without giving the assessee an opportunity to be heard was a nullity. The Tribunal found in favor of the assessee on the merits of the case, emphasizing the separate accounting maintained by the assessee for the units and the proper allocation of interest payments. Case-Laws Income Tax Wed, 15 Oct 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57544