TMI Blog2019 (1) TMI 741X X X X Extracts X X X X X X X X Extracts X X X X ..... knowledgement, complete details of the income computed by the assessee for the purpose of taxation are not discernible. Therefore, we deem it appropriate to set aside the issue to the file of the AO for verification. AO shall examine computation of income and if it reveals that no deduction under section 80P(2)(d) qua this interest income is claimed by the assessee, then there could not be any ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the Asstt.Year 2013-14. 2. Grounds of appeal taken by the assessee are not in consonance with Rule 8 of the Income Tax (Appellate Tribunal) Rules, 1963. They are descriptive and argumentative in nature. In brief, grievance of the assessee is that the ld.CIT(A) has erred in upholding finding of the AO that the assessee is not entitled for deduction amounting to ₹ 7,70,959/- under section ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... bring any relief to the assessee. 4. Before us, the ld.counsel for the assessee at the very outset submitted that the assessee has not claimed any deduction in the computation of income. Hence, there could not be any disallowance at the end of the AO. On the other hand, ld.DR relied upon the order of the AO. 5. On due consideration of the above facts and circumstances, we find that the asse ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of income, then no disallowance be made to the total income of the assessee. The AO shall decide the issue in accordance with law. 6. It is to mention here that observation made by us will not impair or injure the case of the AO nor cause any prejudice to the defence/explanation of the assessee in the set aside proceedings before the AO. 7. In the result, appeal of the assessee is allowed f ..... X X X X Extracts X X X X X X X X Extracts X X X X
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