https://www.taxtmi.com/highlights?id=52424 Disallowance of interest expenses - assessee has made contradictory submissions before the learned CIT (A) and has not furnished the required details of the interest expenses to justify that the interest cost was incurred in the course of the business. Thus in the absence of sufficient documentary evidence about the interest expenses on the borrowed fund whether the same was utilized for the purpose of business, claim of assessee cannot be allowed- AT en-us Thu, 19 Mar 2020 11:09:48 +0530 Thu, 19 Mar 2020 11:09:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=52424 Disallowance of interest expenses - assessee has made contradictory submissions before the learned CIT (A) and has not furnished the required details of the interest expenses to justify that the interest cost was incurred in the course of the business. Thus in the absence of sufficient documentary evidence about the interest expenses on the borrowed fund whether the same was utilized for the purpose of business, claim of assessee cannot be allowed- AT Highlights Income Tax Thu, 19 Mar 2020 11:09:48 +0530 https://www.taxtmi.com/highlights?id=52424