https://www.taxtmi.com/caselaws?id=258163 The Tribunal allowed the assessee's appeal, deleting the addition of Rs. 1,75,51,634/- on account of interest disallowance. The Tribunal concluded that the assessee had sufficient non-interest-bearing funds to cover the interest-free advances, citing legal precedents and commercial expediency. The appeal was allowed in favor of the assessee, with the final judgment pronounced on 26/03/2015. en-us Thu, 26 Mar 2015 00:00:00 +0530 Wed, 01 Apr 2015 12:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258163 The Tribunal allowed the assessee's appeal, deleting the addition of Rs. 1,75,51,634/- on account of interest disallowance. The Tribunal concluded that the assessee had sufficient non-interest-bearing funds to cover the interest-free advances, citing legal precedents and commercial expediency. The appeal was allowed in favor of the assessee, with the final judgment pronounced on 26/03/2015. Case-Laws Income Tax Thu, 26 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258163