Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2008 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2008 (1) TMI 633 - HC - Income TaxInterest on Borrowed capital – Capital used for purchase of shares - shares purchased not for acquiring the controlling rights in another company, but the shares were purchased for non-business purpose, especially, for earning interest and dividend – disallowance justified – Appeal dismissed
|