Home
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1983 (3) TMI 90 - ITAT BOMBAY-DExtract: .......ts savings in expanding the existing business, the assessee s claim will have to be accepted. We direct that the interest claimed be allowed in the light of the Supreme Court s decision in the case of India Cements Ltd. vs. CIT (1966) 60 ITR 52 (SC) 14. In the result, the assessee s appeal is partly allowed and the departmental appeal is dismissed.
|