Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1985 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1985 (3) TMI 29 - HC - Income TaxExtract: .......m that he is entitled to charge interest on borrowed capital to the profit and loss account cannot be legally sustained. In this view of the matter, we do not think that there is any justification for directing the Tribunal to refer the questions referred to above. The petition is, therefore, dismissed. There will, however, be no order as to costs.
|