Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1960 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1960 (1) TMI 56 - HC - Income TaxExtract: .......e Tribunal for decision is that the assessee in the present case is not entitled to any deduction for interest paid by him on money borrowed from outsiders for making advances to the two unregistered firms. The assessee shall pay the costs of the Commissioner of Income- tax. Counsel's fee is fixed at ₹ 100. Reference answered accordingly.
|