Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2001 (6) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2001 (6) TMI 168 - AT - Income TaxExtract: .......self has disallowed interest pertaining to the investment by the assessee and thought it fit not a case of concealment the question of levying penalty for the disallowance on the money utilised by the loanees in the shares of same very company would not arise. I, therefore, hold that it is not a fit case for levying the penalty and delete the same.
|