https://www.taxtmi.com/caselaws?id=59806 The Appellate Tribunal ruled in favor of the assessee on both issues. The disallowance of litigation expenses was overturned as it was considered to be for business growth. Additionally, the add-back of interest paid to a partner was deemed incorrect as it was paid to the partner's Hindu Undivided Family, which does not fall under section 40(b) of the IT Act, 1961. The Tribunal vacated the additions, allowing the assessee's appeal. en-us Thu, 14 Jan 1982 00:00:00 +0530 Sat, 01 Jan 2011 12:36:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59806 The Appellate Tribunal ruled in favor of the assessee on both issues. The disallowance of litigation expenses was overturned as it was considered to be for business growth. Additionally, the add-back of interest paid to a partner was deemed incorrect as it was paid to the partner's Hindu Undivided Family, which does not fall under section 40(b) of the IT Act, 1961. The Tribunal vacated the additions, allowing the assessee's appeal. Case-Laws Income Tax Thu, 14 Jan 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59806