https://www.taxtmi.com/caselaws?id=182310 The Tribunal ruled in favor of the assessee, setting aside the CIT(A)'s order and deleting the addition of &8377; 8,64,821 for interest disallowance under section 36(1)(iii). The Tribunal found that the payments for property acquisition were adequately explained from the assessee's own funds and current year profit, leading to the decision to allow the appeal for statistical purposes. en-us Fri, 18 May 2012 00:00:00 +0530 Sat, 17 Jun 2017 19:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=182310 The Tribunal ruled in favor of the assessee, setting aside the CIT(A)'s order and deleting the addition of &8377; 8,64,821 for interest disallowance under section 36(1)(iii). The Tribunal found that the payments for property acquisition were adequately explained from the assessee's own funds and current year profit, leading to the decision to allow the appeal for statistical purposes. Case-Laws Income Tax Fri, 18 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=182310