Condonation of refiling delay refused where repeated defects, lack of diligence and vague explanations defeated the appeal against resolution plan app...
Disallowance of interest on car loan - used for business/profession - merely because the assessee placed his own funds and also the interest free loans for some other purposes, is not open for the AO to disallow the interest on the amount taken for business purpose
Disallowance of interest on car loan - used for business/profession - merely because the assessee placed his own funds and also the interest free loans for some other purposes, is not open for the AO to disallow the interest on the amount taken for business purpose
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