Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1987 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1987 (8) TMI 66 - ANDHRA PRADESH HIGH COURTExtract: .......see s alternative claim under section 36(1)(iii) of the Act as equally untenable. In any view of the matter, we are satisfied that the decision of the Tribunal affirming the disallowance of the interest of Rs. 16,834 is correct. We accordingly answer the question in the affirmative, i.e., in favour of the Revenue and against the assessee. No costs.
|