https://www.taxtmi.com/caselaws?id=184689 Actual business use of premises supported the allowance of electricity , because factual findings showed the assessee used the premises for storage, paid the charges, and had consistently claimed the expense in earlier years; mere construction status or non-intimation to other authorities was insufficient to justify disallowance. Interest disallowance on advances to related concerns was also unsustainable, as the assessee had substantial interest-free funds and the advances were linked to business dealings, attracting the principle of commercial expediency. The article notes that, on these facts, no substantial question of law arose and the additions deleted by the appellate authorities were left undisturbed. en-us Fri, 22 Nov 2013 00:00:00 +0530 Tue, 16 Jul 2024 15:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184689 Actual business use of premises supported the allowance of electricity , because factual findings showed the assessee used the premises for storage, paid the charges, and had consistently claimed the expense in earlier years; mere construction status or non-intimation to other authorities was insufficient to justify disallowance. Interest disallowance on advances to related concerns was also unsustainable, as the assessee had substantial interest-free funds and the advances were linked to business dealings, attracting the principle of commercial expediency. The article notes that, on these facts, no substantial question of law arose and the additions deleted by the appellate authorities were left undisturbed. Case-Laws Income Tax Fri, 22 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184689