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2022 (8) TMI 1076 - AT - Income TaxRectification of mistake u/s 154 - disallowing depreciation and RTO tax & insurance expenses and 40(a)(ia) disallowance on interest expense paid to NBFCs without making deduction as required u/s. 194A - HELD THAT:- We find that the ld. CIT(A) directed the assessing officer to verify whether the payee has already offered the amount as income in the Return of income. However concluded that the addition made by the A.O. is deleted, which is self-contrary to the findings made by the ld. CIT(A). Therefore it is appropriate to remit the case back to the file of the AO for limited purpose of verification, whether the payee has already offered the amount as income in the Return of Income and make appropriate disallowance pursuant to the verification thereon. Appeal filed by the Revenue is allowed for statistical purpose.
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