https://www.taxtmi.com/caselaws?id=406738 The ITAT allowed the appeal, overturning the disallowances of interest on the term loan and the estimated expenses on traveling and telephone. The judgment highlighted the importance of substantiated reasoning and the boundaries of revenue authorities in interfering with business decisions. en-us Thu, 01 Apr 2021 00:00:00 +0530 Thu, 22 Apr 2021 08:48:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406738 The ITAT allowed the appeal, overturning the disallowances of interest on the term loan and the estimated expenses on traveling and telephone. The judgment highlighted the importance of substantiated reasoning and the boundaries of revenue authorities in interfering with business decisions. Case-Laws Income Tax Thu, 01 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406738