https://www.taxtmi.com/caselaws?id=256352 The Tribunal allowed the appeal, holding that interest payment on custom duty is an allowable expense under the Income Tax Act. The decision favored the assessee, overturning the disallowance by lower authorities. The order was pronounced on 12.11.2014. en-us Wed, 12 Nov 2014 00:00:00 +0530 Wed, 11 Feb 2015 09:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256352 The Tribunal allowed the appeal, holding that interest payment on custom duty is an allowable expense under the Income Tax Act. The decision favored the assessee, overturning the disallowance by lower authorities. The order was pronounced on 12.11.2014. Case-Laws Income Tax Wed, 12 Nov 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256352