https://www.taxtmi.com/caselaws?id=185371 The Appellate Tribunal upheld the decisions of the Commissioner of Income Tax(Appeals) in both issues, dismissing the appeals filed by the Revenue. The judgment emphasized the business necessity of maintaining cash balances for timely operations and the prerogative of the assessee in managing inter-branch cash transfers. en-us Fri, 18 Sep 2009 00:00:00 +0530 Wed, 10 Aug 2016 15:04:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185371 The Appellate Tribunal upheld the decisions of the Commissioner of Income Tax(Appeals) in both issues, dismissing the appeals filed by the Revenue. The judgment emphasized the business necessity of maintaining cash balances for timely operations and the prerogative of the assessee in managing inter-branch cash transfers. Case-Laws Income Tax Fri, 18 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185371