https://www.taxtmi.com/caselaws?id=266130 The ITAT Jaipur allowed the appeal, emphasizing the importance of establishing a nexus between interest paid and fund utilization. The judgment highlighted the significance of providing detailed information and evidence to support claims, referencing relevant precedents to support the decision. The decision underscored the need for a thorough analysis of facts and circumstances to determine the allowability of expenses, ultimately ruling in favor of the appellant based on the presented information and legal considerations. en-us Thu, 29 Jan 2015 00:00:00 +0530 Sat, 17 Oct 2015 23:26:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266130 The ITAT Jaipur allowed the appeal, emphasizing the importance of establishing a nexus between interest paid and fund utilization. The judgment highlighted the significance of providing detailed information and evidence to support claims, referencing relevant precedents to support the decision. The decision underscored the need for a thorough analysis of facts and circumstances to determine the allowability of expenses, ultimately ruling in favor of the appellant based on the presented information and legal considerations. Case-Laws Income Tax Thu, 29 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266130