https://www.taxtmi.com/caselaws?id=18718 The court ruled in favor of the Revenue, stating that the Tribunal should have verified if the money transferred was from borrowed funds before allowing the deduction under section 80J of the Income-tax Act for the distillery unit. The court declined to answer the second issue separately, as the resolution of the first question encompassed the aspect raised in the second question. No order was made as to costs in this case. en-us Thu, 20 Jul 1995 00:00:00 +0530 Sat, 31 Oct 2009 15:51:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18718 The court ruled in favor of the Revenue, stating that the Tribunal should have verified if the money transferred was from borrowed funds before allowing the deduction under section 80J of the Income-tax Act for the distillery unit. The court declined to answer the second issue separately, as the resolution of the first question encompassed the aspect raised in the second question. No order was made as to costs in this case. Case-Laws Income Tax Thu, 20 Jul 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18718