https://www.taxtmi.com/caselaws?id=425707 The Tribunal partly allowed the appeal, directing the CIT(A) to allow the deduction for interest expenditure related to loans from Dynasty Tradelink Pvt. Ltd. and remanding the other claims for re-adjudication by the A.O. The Tribunal also allowed the deduction for interest paid on loans from Mary Mithai, V.K Satija HUF, Jaya Solanki, and Yashwant Rao Kavre based on consistency with the previous assessment year. The general ground of appeal was dismissed as not pressed. en-us Tue, 26 Jul 2022 00:00:00 +0530 Thu, 28 Jul 2022 21:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=425707 The Tribunal partly allowed the appeal, directing the CIT(A) to allow the deduction for interest expenditure related to loans from Dynasty Tradelink Pvt. Ltd. and remanding the other claims for re-adjudication by the A.O. The Tribunal also allowed the deduction for interest paid on loans from Mary Mithai, V.K Satija HUF, Jaya Solanki, and Yashwant Rao Kavre based on consistency with the previous assessment year. The general ground of appeal was dismissed as not pressed. Case-Laws Income Tax Tue, 26 Jul 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=425707