Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1997 (6) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1997 (6) TMI 58 - AT - Income TaxExtract: ....... allowable deduction under section 36(1)(iii) of the Act. There is no dispute insofar as the quantum of interest disallowed by the Assessing Officer is concerned. We, therefore, reverse the orders of the CIT(Appeals) and confirm the assessment orders passed by the Assessing Officer for both the years. 7. In the result, both the appeals are allowed.
|