https://www.taxtmi.com/caselaws?id=436352 The appellate tribunal allowed the appeal, directing the deletion of the disallowed interest expense of Rs. 20,43,936. The decision was based on the principle of consistency, as the appellant successfully argued that a similar claim for interest expenditure was accepted by the Revenue in the previous assessment year. The tribunal emphasized the importance of maintaining consistency in treatment of claims and held that once a claim was accepted in the past, the same treatment should be extended unless there are changes in facts or legal provisions. en-us Fri, 24 Mar 2023 00:00:00 +0530 Mon, 10 Apr 2023 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=436352 The appellate tribunal allowed the appeal, directing the deletion of the disallowed interest expense of Rs. 20,43,936. The decision was based on the principle of consistency, as the appellant successfully argued that a similar claim for interest expenditure was accepted by the Revenue in the previous assessment year. The tribunal emphasized the importance of maintaining consistency in treatment of claims and held that once a claim was accepted in the past, the same treatment should be extended unless there are changes in facts or legal provisions. Case-Laws Income Tax Fri, 24 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=436352