Forgot password
New User/ Regiser
⇒ Register to get Live Demo
1999 (5) TMI 19 - CALCUTTA HIGH COURT
Extract:
.......dra that once the interest is treated as deemed tax that interest is hit by the provision of section 43B of the Act. In the result, we answer question No. 1 in the affirmative i.e., in favour of the Revenue and against the assessee. Similarly, we answer question No. 2 also in the affirmative, i.e., in favour of the assessee and against the Revenue.