https://www.taxtmi.com/caselaws?id=185622 The Tribunal partly allowed the appeal by deleting the disallowance of interest on loans and advances while upholding the disallowance of consultancy charges. The penalty imposed under section 271(1)(b) was confirmed, resulting in the dismissal of the appeal. en-us Thu, 21 Jul 2011 00:00:00 +0530 Mon, 22 Aug 2016 11:59:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185622 The Tribunal partly allowed the appeal by deleting the disallowance of interest on loans and advances while upholding the disallowance of consultancy charges. The penalty imposed under section 271(1)(b) was confirmed, resulting in the dismissal of the appeal. Case-Laws Income Tax Thu, 21 Jul 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185622