https://www.taxtmi.com/caselaws?id=437879 The Tribunal allowed the appeal of the Assessee, overturning the disallowance of both commission expenses and interest expenses for the Assessment Year 2013-14. The Tribunal held that the Assessing Officer and CIT(A) erred in disallowing the expenses without considering the evidence and business necessity presented by the Assessee, stating that the business aspect related to interest expenses should be considered. en-us Wed, 12 Apr 2023 00:00:00 +0530 Wed, 17 May 2023 08:46:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437879 The Tribunal allowed the appeal of the Assessee, overturning the disallowance of both commission expenses and interest expenses for the Assessment Year 2013-14. The Tribunal held that the Assessing Officer and CIT(A) erred in disallowing the expenses without considering the evidence and business necessity presented by the Assessee, stating that the business aspect related to interest expenses should be considered. Case-Laws Income Tax Wed, 12 Apr 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437879