https://www.taxtmi.com/highlights?id=54535 Disallowance of interest - loan was used for the purpose of horse-trading and horse racing business - the finding of the CIT(A) rejecting the claim of the assessee on the basis of non-receipt of profit is not liable to be sustainable - claim of deduction allowed - AT en-us Sat, 29 Aug 2020 19:37:07 +0530 Sat, 29 Aug 2020 19:37:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=54535 Disallowance of interest - loan was used for the purpose of horse-trading and horse racing business - the finding of the CIT(A) rejecting the claim of the assessee on the basis of non-receipt of profit is not liable to be sustainable - claim of deduction allowed - AT Highlights Income Tax Sat, 29 Aug 2020 19:37:07 +0530 https://www.taxtmi.com/highlights?id=54535