https://www.taxtmi.com/caselaws?id=189749 The High Court upheld the Tribunal's decision regarding the disallowance of prior period expenditure and the deletion of interest charged under sections 234B, 234C, and 234D. The Court found no legal grounds to interfere with the Tribunal's findings, emphasizing the proportionality of the disputed expenditure to the total income and the consequential nature of the interest charged. en-us Wed, 20 Jul 2016 00:00:00 +0530 Wed, 18 Jan 2017 21:00:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189749 The High Court upheld the Tribunal's decision regarding the disallowance of prior period expenditure and the deletion of interest charged under sections 234B, 234C, and 234D. The Court found no legal grounds to interfere with the Tribunal's findings, emphasizing the proportionality of the disputed expenditure to the total income and the consequential nature of the interest charged. Case-Laws Income Tax Wed, 20 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189749