https://www.taxtmi.com/caselaws?id=373827 The ITAT dismissed Revenue's appeals for A.Y. 2007-08 and 2010-11, upholding CIT(A)'s deletion of disallowance of interest expenditure under Section 36(1)(iii). The ITAT partly allowed the assessee's cross-objection for A.Y. 2007-08 for statistical purposes, without adjudicating on the merits of the reopening of assessment proceedings. en-us Fri, 21 Dec 2018 00:00:00 +0530 Mon, 21 Jan 2019 09:43:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=373827 The ITAT dismissed Revenue's appeals for A.Y. 2007-08 and 2010-11, upholding CIT(A)'s deletion of disallowance of interest expenditure under Section 36(1)(iii). The ITAT partly allowed the assessee's cross-objection for A.Y. 2007-08 for statistical purposes, without adjudicating on the merits of the reopening of assessment proceedings. Case-Laws Income Tax Fri, 21 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=373827