https://www.taxtmi.com/caselaws?id=375807 The Tribunal allowed the appeal of the assessee, emphasizing the commercial nature of the transactions with sister concerns and overturning the disallowance of interest expenses. The decision highlighted the importance of commercial expediency in determining the allowability of interest expenses, following relevant legal precedents. en-us Fri, 22 Feb 2019 00:00:00 +0530 Tue, 26 Feb 2019 07:22:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375807 The Tribunal allowed the appeal of the assessee, emphasizing the commercial nature of the transactions with sister concerns and overturning the disallowance of interest expenses. The decision highlighted the importance of commercial expediency in determining the allowability of interest expenses, following relevant legal precedents. Case-Laws Income Tax Fri, 22 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375807