https://www.taxtmi.com/caselaws?id=243717 The Tribunal dismissed the Revenue's appeal and the Assessee's cross objection, upholding the CIT(A)'s decisions on both issues. The disallowance of proportionate interest expenses on interest-free advances and the delayed payment of employee contribution towards the Provident Fund Account were ruled in favor of the Assessee, with the Tribunal finding no new evidence or changes in circumstances to warrant a different outcome. en-us Wed, 05 Feb 2014 00:00:00 +0530 Sat, 08 Feb 2014 12:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=243717 The Tribunal dismissed the Revenue's appeal and the Assessee's cross objection, upholding the CIT(A)'s decisions on both issues. The disallowance of proportionate interest expenses on interest-free advances and the delayed payment of employee contribution towards the Provident Fund Account were ruled in favor of the Assessee, with the Tribunal finding no new evidence or changes in circumstances to warrant a different outcome. Case-Laws Income Tax Wed, 05 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=243717