Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2011 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (8) TMI 1137 - HC - Income TaxExtract: .......that interest on such borrowing was allowable under Section 36(1)(iii) of the Act. 15.We are satisfied that CIT(Appeals) as well as tribunal have concurrently viewed the situation bearing in mind the factual aspects emerging and law discussed hereinabove. 16.We do not find any substantial question of law arising. Tax Appeal is therefore, dismissed.
|