https://www.taxtmi.com/caselaws?id=272485 Delay in re-filing the appeal was condoned, allowing the application to proceed. The matter was then listed for final hearing on whether interest paid on borrowings used for investment could be treated as business expenditure. No substantive ruling on that tax treatment issue was given at this stage; it was left for argument. en-us Mon, 06 Jul 2015 00:00:00 +0530 Sat, 05 May 2018 06:51:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272485 Delay in re-filing the appeal was condoned, allowing the application to proceed. The matter was then listed for final hearing on whether interest paid on borrowings used for investment could be treated as business expenditure. No substantive ruling on that tax treatment issue was given at this stage; it was left for argument. Case-Laws Income Tax Mon, 06 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272485