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2016 (8) TMI 58 - GUJARAT HIGH COURTDisallownace of interest paid to nonconvertible debenture portion of public issue - Held that:- CIT (A) deleting the disallownace made by the A.O. in respect of interest paid to nonconvertible debenture portion of public issue came to be confirmed, as also considering the decision in case of Core Health Care Ltd. (2008 (2) TMI 8 - SUPREME COURT OF INDIA ), this Court while adopting the said view does not think it proper to discuss the issue elaborately and accordingly answer the question in favour of the asseesse and against the department
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