https://www.taxtmi.com/caselaws?id=405083 The ITAT partially allowed the appeals, disagreeing with the disallowances of interest expenditure, advertisement expenses, and business promotion expenses. The judgment emphasizes the importance of commercial expediency and the business judgment rule in tax assessments. en-us Mon, 08 Mar 2021 00:00:00 +0530 Thu, 11 Mar 2021 09:15:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405083 The ITAT partially allowed the appeals, disagreeing with the disallowances of interest expenditure, advertisement expenses, and business promotion expenses. The judgment emphasizes the importance of commercial expediency and the business judgment rule in tax assessments. Case-Laws Income Tax Mon, 08 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405083