https://www.taxtmi.com/caselaws?id=344958 The Tribunal allowed the appeal, overturning the disallowance of interest under section 36(1)(iii) and the addition of interest paid on unsecured loans. The decision was based on commercial expediency principles and the reasonable nature of the interest payments made by the assessee. en-us Thu, 12 Jan 2017 00:00:00 +0530 Mon, 03 Jul 2017 10:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=344958 The Tribunal allowed the appeal, overturning the disallowance of interest under section 36(1)(iii) and the addition of interest paid on unsecured loans. The decision was based on commercial expediency principles and the reasonable nature of the interest payments made by the assessee. Case-Laws Income Tax Thu, 12 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=344958