https://www.taxtmi.com/highlights?id=28561 If the money is utilised in a way that makes commercial sense and helps in running the business of the assessee more efficiently, then it can be said that the interest paid in respect of the borrowed money has been incurred for the purposes of commercial expediency. - AT en-us Thu, 21 Apr 2016 10:22:18 +0530 Thu, 21 Apr 2016 10:22:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=28561 If the money is utilised in a way that makes commercial sense and helps in running the business of the assessee more efficiently, then it can be said that the interest paid in respect of the borrowed money has been incurred for the purposes of commercial expediency. - AT Highlights Income Tax Thu, 21 Apr 2016 10:22:18 +0530 https://www.taxtmi.com/highlights?id=28561