https://www.taxtmi.com/highlights?id=14624 Allowability of interest expenditure – Business nexus of the amount borrowing – merely because the assessee had maintained cash balances at its several branches being in angadia business should not be a cause of disallowance of interest on borrowed funds - AT en-us Fri, 20 Sep 2013 10:36:49 +0530 Fri, 20 Sep 2013 10:36:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=14624 Allowability of interest expenditure – Business nexus of the amount borrowing – merely because the assessee had maintained cash balances at its several branches being in angadia business should not be a cause of disallowance of interest on borrowed funds - AT Highlights Income Tax Fri, 20 Sep 2013 10:36:49 +0530 https://www.taxtmi.com/highlights?id=14624