https://www.taxtmi.com/caselaws?id=257292 The ITAT partially allowed the assessee's appeal, overturning the disallowance of interest on borrowed funds for personal loans. The disallowance of depreciation and vehicle expenses for personal use was reduced, and the disallowance of various other expenses was partially allowed. en-us Fri, 20 Jun 2014 00:00:00 +0530 Tue, 06 Jan 2015 15:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257292 The ITAT partially allowed the assessee's appeal, overturning the disallowance of interest on borrowed funds for personal loans. The disallowance of depreciation and vehicle expenses for personal use was reduced, and the disallowance of various other expenses was partially allowed. Case-Laws Income Tax Fri, 20 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257292