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<h1>Bombay HC dismisses revenue's appeal on interest claim under Income Tax Act</h1> The Bombay HC dismissed the revenue's appeal for AY 2000-01 on interest claim under section 36(1)(iii) of the Income Tax Act, 1961. The Tribunal's ... - The Bombay High Court dismissed the revenue's appeal for assessment year 2000-01 regarding interest claim under section 36(1)(iii) of the Income Tax Act, 1961. The Tribunal's decision was upheld based on earlier rulings in favor of the assessee company. The appeal was dismissed with no costs.
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