https://www.taxtmi.com/caselaws?id=378929 The Tribunal dismissed the revenue's appeal and partly allowed the assessee's appeal. Relief was granted on various grounds, including the deletion of disallowances related to interest payments, treatment of capital gains, characterization of share application money, disallowance of interest on loans, treatment of rental income, and prior period expenditure. The Tribunal emphasized commercial expediency, proper income classification, and the sufficiency of surplus funds in its decision. en-us Tue, 12 Feb 2019 00:00:00 +0530 Tue, 23 Apr 2019 17:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378929 The Tribunal dismissed the revenue's appeal and partly allowed the assessee's appeal. Relief was granted on various grounds, including the deletion of disallowances related to interest payments, treatment of capital gains, characterization of share application money, disallowance of interest on loans, treatment of rental income, and prior period expenditure. The Tribunal emphasized commercial expediency, proper income classification, and the sufficiency of surplus funds in its decision. Case-Laws Income Tax Tue, 12 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378929