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of <h1>High Court upholds ITAT decision on interest payment disallowance</h1> <h3>DY. CIT. Versus DINESH MILLS LTD.</h3> DY. CIT. Versus DINESH MILLS LTD. - tmi The High Court of Gujarat upheld the decision of the Income Tax Appellate Tribunal to delete the disallowance of Rs.2,63,658/- in respect of interest payment on excise duty refund. The court referred to a previous judgment involving the same parties and concluded that the Tribunal was justified in its decision. The appeal was dismissed with no costs.
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