Andhra Pradesh H.C : claim of interest on borrowed capital was disallowed by Tribunal in earlier assessment years but Tribunal in impugned order wrongly relying upon decision of Commissioner (Appeals) in earlier year, allowed assessee’s claim of interest matter was to be remanded back to decide issue afresh
High Court Of Andhra Pradesh CIT Vs. Hotel Krishna L. Narasimha Reddy And Challa Kodanda Ram, JJ. Section 36(1)(iii) Assessment […]