https://www.taxtmi.com/caselaws?id=212567 The ITAT, Kolkata dismissed the revenue's appeal regarding the disallowance of interest payment and deletion of unexplained direct expenses. The CIT(A)'s decisions were upheld, citing compliance with Form 15G for interest payment and the explanation provided for direct expenses. The judgment was pronounced on 29.11.2011 by the ITAT, Kolkata. en-us Tue, 29 Nov 2011 00:00:00 +0530 Tue, 20 Nov 2012 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212567 The ITAT, Kolkata dismissed the revenue's appeal regarding the disallowance of interest payment and deletion of unexplained direct expenses. The CIT(A)'s decisions were upheld, citing compliance with Form 15G for interest payment and the explanation provided for direct expenses. The judgment was pronounced on 29.11.2011 by the ITAT, Kolkata. Case-Laws Income Tax Tue, 29 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212567