https://www.taxtmi.com/caselaws?id=334231 The Appellate Tribunal ITAT Mumbai upheld the assessee's claim that interest expenses were allowable as business expenditure and that income from operating malls should be treated as business income. The Tribunal referred to legal principles and precedents to support its decision, ultimately dismissing the Revenue's appeals and allowing the assessee's appeal. en-us Wed, 19 Oct 2016 00:00:00 +0530 Mon, 07 Nov 2016 16:57:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334231 The Appellate Tribunal ITAT Mumbai upheld the assessee's claim that interest expenses were allowable as business expenditure and that income from operating malls should be treated as business income. The Tribunal referred to legal principles and precedents to support its decision, ultimately dismissing the Revenue's appeals and allowing the assessee's appeal. Case-Laws Income Tax Wed, 19 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334231