Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2006 (7) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2006 (7) TMI 527 - AT - Income TaxExtract: .......dustrial undertaking we are of the consi-dered opinion that deduction cannot be allowed as has been claimed by the learned counsel for the assessee. In view of these facts and judicial pronouncements, the assessee is not entitled to benefit under section 80-I against the interest income so earned. In the result, appeal of the assessee is dismissed.
|