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2018 (10) TMI 1229 - SCH - Income TaxClaim as interest expenditure as business expenditure - interest on funds borrowed to purchase land which is part of inventory of the assessee company is an allowable deduction u/s 36(1)(iii) - put to use - Held that - The Special Leave Petition is dismissed. Pending application stands disposed of.
The Supreme Court dismissed the Special Leave Petition after condoning the delay. The pending application was disposed of. (Citation: 2018 (10) TMI 1229 - SC Order)
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