https://www.taxtmi.com/caselaws?id=358344 The High Court upheld the ITAT's decision to allow broken period interest as a deduction for the assessment year 2009-10, citing precedents from previous cases involving the same appellant. The court referenced earlier rulings by the Division Bench and the Supreme Court, concluding that no substantial question of law was raised in this matter. The judgment emphasizes the significance of legal precedents in shaping the interpretation and implementation of tax laws in similar cases. en-us Wed, 29 Nov 2017 00:00:00 +0530 Mon, 09 Apr 2018 10:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358344 The High Court upheld the ITAT's decision to allow broken period interest as a deduction for the assessment year 2009-10, citing precedents from previous cases involving the same appellant. The court referenced earlier rulings by the Division Bench and the Supreme Court, concluding that no substantial question of law was raised in this matter. The judgment emphasizes the significance of legal precedents in shaping the interpretation and implementation of tax laws in similar cases. Case-Laws Income Tax Wed, 29 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358344