https://www.taxtmi.com/caselaws?id=371439 The Tribunal upheld the deletion of interest expenses disallowance due to lack of evidence of diversion of funds and directed a partial disallowance of business promotion expenses to account for potential personal elements. The appeal by the assessee was partly allowed, and the judgment was pronounced on November 30, 2018. en-us Fri, 30 Nov 2018 00:00:00 +0530 Tue, 04 Dec 2018 09:00:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371439 The Tribunal upheld the deletion of interest expenses disallowance due to lack of evidence of diversion of funds and directed a partial disallowance of business promotion expenses to account for potential personal elements. The appeal by the assessee was partly allowed, and the judgment was pronounced on November 30, 2018. Case-Laws Income Tax Fri, 30 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371439