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of <h1>Special Leave Petition Dismissed for Lack of Merit by Supreme Court Judges</h1> <h3>Pr. Commissioner of Income Tax Jaipur 3 Versus M/s Aditya Popcon Pvt. Ltd.</h3> The Supreme Court of India, with judges Mr. Rohinton Fali Nariman and Ms. Indu Malhotra, dismissed the Special Leave Petition due to lack of merit. ... Claim as interest expenditure as business expenditure - allowable deduction u/s 36(1)(iii) - interest on funds borrowed to purchase land which is part of inventory of the assessee company - Held that:- No merit in this petition. The Special Leave Petition is accordingly dismissed. The Supreme Court of India, with judges Mr. Rohinton Fali Nariman and Ms. Indu Malhotra, dismissed the Special Leave Petition as they found no merit in the petition. Pending applications, if any, are disposed of. (2018 (7) TMI 510 - SC Order)
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