Forgot password
New User/ Regiser
⇒ Register to get Live Demo
1990 (9) TMI 123 - ITAT AHMEDABAD-C
Extract:
....... are validly considered as unexplained deposits in the year of its receipt, no addition disallowance in respect of interest paid thereon can be validly made. Hence, this ground of appeal taken by the Revenue is rejected. 9. In the result the Revenue s Appeal is dismissed and the assessee s appeals treated as partly allowed for statistical purposes.