https://www.taxtmi.com/caselaws?id=403735 The tribunal upheld the CIT(A)'s decision to delete the disallowance of financial charges amounting to Rs. 5,05,73,510/-, emphasizing judicial consistency with previous judgments. The tribunal noted that the financial charges were incurred for legitimate business purposes, supported by documentation provided by the assessee. The Revenue's appeal was dismissed, and the order was pronounced on 4th February 2021. en-us Thu, 04 Feb 2021 00:00:00 +0530 Fri, 05 Feb 2021 12:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403735 The tribunal upheld the CIT(A)'s decision to delete the disallowance of financial charges amounting to Rs. 5,05,73,510/-, emphasizing judicial consistency with previous judgments. The tribunal noted that the financial charges were incurred for legitimate business purposes, supported by documentation provided by the assessee. The Revenue's appeal was dismissed, and the order was pronounced on 4th February 2021. Case-Laws Income Tax Thu, 04 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403735