https://www.taxtmi.com/caselaws?id=209325 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s deletions of disallowances related to car expenses, telephone expenses, business promotion expenses, and interest on borrowed capital. The judgment emphasized the necessity of specific findings by the AO to justify disallowances and recognized the commercial expediency of the assessee's business decisions. The appeal was pronounced dismissed on 26.2.2010. en-us Fri, 26 Feb 2010 00:00:00 +0530 Tue, 23 Jul 2013 12:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209325 The Tribunal dismissed the revenue's appeal, upholding the CIT(A)'s deletions of disallowances related to car expenses, telephone expenses, business promotion expenses, and interest on borrowed capital. The judgment emphasized the necessity of specific findings by the AO to justify disallowances and recognized the commercial expediency of the assessee's business decisions. The appeal was pronounced dismissed on 26.2.2010. Case-Laws Income Tax Fri, 26 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209325