https://www.taxtmi.com/caselaws?id=152129 The appeals were partly allowed, with the Third Member concluding that the disallowance of interest on borrowed funds was not warranted due to the sufficient credit balances of the partners. The taxability of cash compensatory support was upheld, and the appeals were dismissed on this ground. The matter was referred back to the regular Bench for disposal in accordance with the majority opinion. en-us Mon, 11 Oct 1993 00:00:00 +0530 Tue, 25 Jun 2013 12:44:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=152129 The appeals were partly allowed, with the Third Member concluding that the disallowance of interest on borrowed funds was not warranted due to the sufficient credit balances of the partners. The taxability of cash compensatory support was upheld, and the appeals were dismissed on this ground. The matter was referred back to the regular Bench for disposal in accordance with the majority opinion. Case-Laws Income Tax Mon, 11 Oct 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=152129