https://www.taxtmi.com/highlights?id=41426 The amount sought to be disallowed was debited in the financial year 2006-07 which is not at all relevant for the assessment year 2008-09 in which assessment is sought to be done. No interest whatsoever has been debited in the assessment year 2008-09. Hence, in our considered opinion, there is no question at all of disallowing the interest as capital expenditure which has not at all been debited in the impugned assessment year. en-us Fri, 14 Sep 2018 07:48:07 +0530 Fri, 14 Sep 2018 07:48:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=41426 The amount sought to be disallowed was debited in the financial year 2006-07 which is not at all relevant for the assessment year 2008-09 in which assessment is sought to be done. No interest whatsoever has been debited in the assessment year 2008-09. Hence, in our considered opinion, there is no question at all of disallowing the interest as capital expenditure which has not at all been debited in the impugned assessment year. Highlights Income Tax Fri, 14 Sep 2018 07:48:07 +0530 https://www.taxtmi.com/highlights?id=41426