https://www.taxtmi.com/caselaws?id=262634 The Tribunal dismissed the Revenue's appeal, affirming the allowance of interest as revenue expenditure by the Commissioner of Income-tax (Appeals) based on the nature of the expense and the existing business operations from the factory premises. The decision was in line with the facts and legal principles, leading to the rejection of the Revenue's appeal. en-us Tue, 27 Jan 2015 00:00:00 +0530 Mon, 17 Aug 2015 07:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262634 The Tribunal dismissed the Revenue's appeal, affirming the allowance of interest as revenue expenditure by the Commissioner of Income-tax (Appeals) based on the nature of the expense and the existing business operations from the factory premises. The decision was in line with the facts and legal principles, leading to the rejection of the Revenue's appeal. Case-Laws Income Tax Tue, 27 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262634