https://www.taxtmi.com/caselaws?id=208264 The Tribunal allowed the appeal in favor of the assessee on all three issues raised. The disallowance of interest was overturned due to commercial expediency, ad hoc disallowances in expenses were deleted, and consequential relief regarding the levy of interest was granted. en-us Fri, 07 Jan 2011 00:00:00 +0530 Fri, 31 May 2013 14:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=208264 The Tribunal allowed the appeal in favor of the assessee on all three issues raised. The disallowance of interest was overturned due to commercial expediency, ad hoc disallowances in expenses were deleted, and consequential relief regarding the levy of interest was granted. Case-Laws Income Tax Fri, 07 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=208264