https://www.taxtmi.com/caselaws?id=262250 The Tribunal partly allowed the appeal, remanding the issue of interest capitalization on a shop purchase back to the Assessing Officer for verification. The Tribunal upheld the deletions made by the Commissioner of Income Tax (Appeals) on other grounds, emphasizing the importance of positive evidence and adherence to proper accounting practices. en-us Fri, 31 Jul 2015 00:00:00 +0530 Thu, 06 Aug 2015 06:44:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262250 The Tribunal partly allowed the appeal, remanding the issue of interest capitalization on a shop purchase back to the Assessing Officer for verification. The Tribunal upheld the deletions made by the Commissioner of Income Tax (Appeals) on other grounds, emphasizing the importance of positive evidence and adherence to proper accounting practices. Case-Laws Income Tax Fri, 31 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262250