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![Presence of Common Management and Unity of Control: ITAT rules Revenue cannot disallow Interest Expenditure [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/11/Common-Management-Unity-of-Control-ITAT-Revenue-Interest-Expenditure-taxscan.jpg "Presence of Common Management and Unity of Control: ITAT rules Revenue cannot disallow Interest Expenditure [Read Order]")
Presence of Common Management and Unity of Control: ITAT rules Revenue cannot disallow Interest Expenditure [Read Order]
The Chennai Bench of the Income Tax Appellate Tribunal (ITAT) ruled that the Revenue cannot disallow interest expenditure on the presence of common...
![Interest on Secured Loans are Deductible under the Income Tax Act: ITAT Kolkata [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/01/Interest-on-Secured-Loans-Taxscan.jpg "Interest on Secured Loans are Deductible under the Income Tax Act: ITAT Kolkata [Read Order]")