https://www.taxtmi.com/caselaws?id=386094 The Tribunal partially allowed the appeal, directing the deletion of the disallowance of interest expense of Rs. 9,67,285 paid to India Infoline Financial Services Ltd. The issues regarding the levy of interest under sections 234A/B/C & D and the initiation of penalty proceedings under section 271(1)(c) were not pursued and deemed consequential. The decision was rendered on 18.09.2019. en-us Wed, 18 Sep 2019 00:00:00 +0530 Sat, 21 Sep 2019 09:21:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=386094 The Tribunal partially allowed the appeal, directing the deletion of the disallowance of interest expense of Rs. 9,67,285 paid to India Infoline Financial Services Ltd. The issues regarding the levy of interest under sections 234A/B/C & D and the initiation of penalty proceedings under section 271(1)(c) were not pursued and deemed consequential. The decision was rendered on 18.09.2019. Case-Laws Income Tax Wed, 18 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=386094