https://www.taxtmi.com/caselaws?id=362443 The Appellate Tribunal allowed both appeals filed by the assessee, overturning the disallowances imposed by lower authorities on interest expenses and professional fees. The Tribunal highlighted the adequacy of owned funds for investments and the lack of concrete evidence supporting the disallowance of professional fees. The Tribunal's decision in one appeal was applied to another, resulting in both appeals being successful. en-us Wed, 20 Jun 2018 00:00:00 +0530 Tue, 26 Jun 2018 15:59:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362443 The Appellate Tribunal allowed both appeals filed by the assessee, overturning the disallowances imposed by lower authorities on interest expenses and professional fees. The Tribunal highlighted the adequacy of owned funds for investments and the lack of concrete evidence supporting the disallowance of professional fees. The Tribunal's decision in one appeal was applied to another, resulting in both appeals being successful. Case-Laws Income Tax Wed, 20 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362443