https://www.taxtmi.com/caselaws?id=67201 The court partially allowed the appeal for the first year, directing the Income-tax Officer to verify the commission income. However, the appeal for the second year was dismissed, upholding the disallowance of interest paid by the assessee due to borrowed funds being partly used for non-business purposes. en-us Mon, 16 Aug 1982 00:00:00 +0530 Wed, 09 Mar 2011 15:03:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67201 The court partially allowed the appeal for the first year, directing the Income-tax Officer to verify the commission income. However, the appeal for the second year was dismissed, upholding the disallowance of interest paid by the assessee due to borrowed funds being partly used for non-business purposes. Case-Laws Income Tax Mon, 16 Aug 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67201