https://www.taxtmi.com/caselaws?id=65304 The case involved disputes over the disallowance of brokerage paid against rental income, deduction of brokerage related to maintenance and furnishing charges, and disallowance of interest paid to parties. The court upheld the disallowance of brokerage against rental income but allowed the deduction of brokerage related to maintenance and furnishing charges as business expenditure. The court remanded the issue of interest disallowance for further consideration, directing the Assessing Officer to reconsider the evidence provided by the assessee regarding the revised interest rate. en-us Fri, 30 May 2008 00:00:00 +0530 Mon, 14 Feb 2011 17:47:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65304 The case involved disputes over the disallowance of brokerage paid against rental income, deduction of brokerage related to maintenance and furnishing charges, and disallowance of interest paid to parties. The court upheld the disallowance of brokerage against rental income but allowed the deduction of brokerage related to maintenance and furnishing charges as business expenditure. The court remanded the issue of interest disallowance for further consideration, directing the Assessing Officer to reconsider the evidence provided by the assessee regarding the revised interest rate. Case-Laws Income Tax Fri, 30 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65304