https://www.taxtmi.com/caselaws?id=275345 The tribunal directed the Assessing Officer to limit the disallowance of interest expenses to the amount of dividend income earned by the assessee, based on previous decisions and a judgment of the Hon'ble Delhi High Court. Consequently, the appeal of the assessee was partly allowed, and the disallowance of interest expenditure was restricted to the actual dividend income earned. en-us Fri, 22 Dec 2017 00:00:00 +0530 Fri, 28 Sep 2018 07:31:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=275345 The tribunal directed the Assessing Officer to limit the disallowance of interest expenses to the amount of dividend income earned by the assessee, based on previous decisions and a judgment of the Hon'ble Delhi High Court. Consequently, the appeal of the assessee was partly allowed, and the disallowance of interest expenditure was restricted to the actual dividend income earned. Case-Laws Income Tax Fri, 22 Dec 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=275345