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of <h1>High Court upholds deletion of interest disallowance, citing precedent cases.</h1> <h3>Commissioner of Income-tax, Lucknow Versus The Dhampur Sugar Mills Ltd., Bijnor</h3> The High Court of Allahabad ruled in favor of the assessee, upholding the deletion of interest disallowance. The Tribunal's decision aligning with the CIT ... - The High Court of Allahabad ruled in favor of the assessee regarding the deletion of interest disallowance. The Tribunal was justified in holding the CIT (A)'s action. The decision was based on earlier judgments in similar cases. The question referred was answered in favor of the assessee.
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