https://www.taxtmi.com/caselaws?id=330580 The Tribunal allowed the appeal, deleting the addition related to the disallowance of interest on borrowings, as the borrowings were found to be for business purposes. The issues concerning the addition on account of rent and stamp duty/registration charges were remanded to the AO for further examination, allowing the assessee to present evidence to support their claims. The order was pronounced on 27th April 2016. en-us Wed, 27 Apr 2016 00:00:00 +0530 Fri, 29 Jul 2016 13:15:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330580 The Tribunal allowed the appeal, deleting the addition related to the disallowance of interest on borrowings, as the borrowings were found to be for business purposes. The issues concerning the addition on account of rent and stamp duty/registration charges were remanded to the AO for further examination, allowing the assessee to present evidence to support their claims. The order was pronounced on 27th April 2016. Case-Laws Income Tax Wed, 27 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330580