https://www.taxtmi.com/caselaws?id=261904 The Tribunal allowed the appeal of the assessee, deleting the addition made by the Assessing Officer towards the repayment of the gold loan. The Tribunal reasoned that the excess payment constituted an allowable expenditure linked to the trading activity of the assessee, considering the specific circumstances of the case and the nature of the transaction. en-us Tue, 30 Jun 2015 00:00:00 +0530 Mon, 27 Jul 2015 08:02:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=261904 The Tribunal allowed the appeal of the assessee, deleting the addition made by the Assessing Officer towards the repayment of the gold loan. The Tribunal reasoned that the excess payment constituted an allowable expenditure linked to the trading activity of the assessee, considering the specific circumstances of the case and the nature of the transaction. Case-Laws Income Tax Tue, 30 Jun 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=261904