ITAT allowed assessee's appeal for statistical purposes and ...

Minor's interest income disallowance restored to AO for fresh adjudication.

January 16, 2025

Case Laws Income Tax AT

ITAT allowed assessee's appeal for statistical purposes and restored issue of disallowance of interest expenditure against minor son's interest income to AO for fresh adjudication after proper inquiry regarding alleged loans taken by minor, observing AO's findings were cryptic and CIT(A) passed impugned order based on shallow assessment order.

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ITAT allowed assessee's appeal for statistical purposes and ...

Minor's interest income disallowance restored to AO for fresh adjudication.

January 16, 2025

Case Laws Income Tax AT

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