https://www.taxtmi.com/caselaws?id=379887 The Tribunal upheld the CIT(A)'s decision, confirming the disallowance of interest expenses under Section 43B(e) for the assessment years 2012-13, 2013-14, and 2014-15. The Tribunal found that the assessee failed to demonstrate that the interest had not become payable during the relevant financial years. Consequently, the appeals of the assessee were dismissed, and the orders of the lower authorities were upheld. en-us Tue, 19 Mar 2019 00:00:00 +0530 Wed, 08 May 2019 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379887 The Tribunal upheld the CIT(A)'s decision, confirming the disallowance of interest expenses under Section 43B(e) for the assessment years 2012-13, 2013-14, and 2014-15. The Tribunal found that the assessee failed to demonstrate that the interest had not become payable during the relevant financial years. Consequently, the appeals of the assessee were dismissed, and the orders of the lower authorities were upheld. Case-Laws Income Tax Tue, 19 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379887