https://www.taxtmi.com/caselaws?id=251400 The High Court dismissed the appeal against the Income Tax Appellate Tribunal's order for Assessment Years 1997-98 and 1998-99. The court found no substantial questions of law in the disallowance of interest under section 43B or the classification of the loan as a "term loan" under the same section. The court upheld the Tribunal's decision, stating that the findings were consistent with the presented material and did not contain legal errors requiring appellate intervention. en-us Wed, 13 Aug 2014 00:00:00 +0530 Sat, 13 Sep 2014 11:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251400 The High Court dismissed the appeal against the Income Tax Appellate Tribunal's order for Assessment Years 1997-98 and 1998-99. The court found no substantial questions of law in the disallowance of interest under section 43B or the classification of the loan as a "term loan" under the same section. The court upheld the Tribunal's decision, stating that the findings were consistent with the presented material and did not contain legal errors requiring appellate intervention. Case-Laws Income Tax Wed, 13 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251400