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2017 (4) TMI 1444 - AT - Income TaxTreatment to income from manufacturing services - Income from other source - HELD THAT:- As relying on assessee's own case [2013 (7) TMI 1130 - ITAT MUMBAI] and on the principle of consistency, with identical direction, remanded the matter back to the file of the AO for fresh adjudication. Adopting the same principle, on identical directions, we also remand this ground to the file of the AO for fresh adjudication. The assessee be given opportunity of being heard. Thus, this ground of the assessee is allowed for statistical purposes. Disallowance of expenditure pertaining to business activities - HELD THAT:- This ground was argued to consequential in nature. CIT-DR did not object to the argument of the assessee that this is consequential in nature. Since, we have remanded the above grounds to the file of the Ld. Assessing Officer, for fresh adjudication, therefore, this ground is also sent to his file being consequential in nature. AO is directed to examine the factual matrix and after giving opportunity to the assessee to decide afresh, consequently, allowed for statistical purposes. Set off of business loss of earlier years - HELD THAT:- This ground as argued to be consequential in nature. The Ld. Assessing Officer is directed to examine the issue afresh. The assessee be given opportunity, thus, set-aside to the file of the Assessing Officer, being consequential in nature. Treatment of interest income as income from other sources - HELD THAT:- This ground of the assessee is also sent to the file of the Assessing Officer to examine the factual matrix and decide in accordance with law. Thus, this ground of the assessee is allowed for statistical purposes.
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