https://www.taxtmi.com/caselaws?id=209420 The Tribunal upheld the decision of the learned CIT(A) that the disallowance of interest expenses under section 154 of the IT Act was not suitable for rectification as the issue was highly debatable and not a clear mistake. The appeal by the Revenue challenging the deletion of disallowance was dismissed, affirming the decision to delete the addition of interest expenses made by the AO. en-us Wed, 09 Feb 2011 00:00:00 +0530 Fri, 19 Jul 2013 20:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209420 The Tribunal upheld the decision of the learned CIT(A) that the disallowance of interest expenses under section 154 of the IT Act was not suitable for rectification as the issue was highly debatable and not a clear mistake. The appeal by the Revenue challenging the deletion of disallowance was dismissed, affirming the decision to delete the addition of interest expenses made by the AO. Case-Laws Income Tax Wed, 09 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209420