https://www.taxtmi.com/highlights?id=64401 Rectification u/s 154 - Disallowance of interest on account of the fact that the money was invested in the capital of the firms, to earn exempt income - the issue as to whether the assessee has correctly claimed the set-off such interest paid to Chola-IDBI, in absence of any interest income for the firm is a highly debatable issue. - rectification order set aside - AT en-us Mon, 04 Jul 2022 09:08:23 +0530 Mon, 04 Jul 2022 09:08:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=64401 Rectification u/s 154 - Disallowance of interest on account of the fact that the money was invested in the capital of the firms, to earn exempt income - the issue as to whether the assessee has correctly claimed the set-off such interest paid to Chola-IDBI, in absence of any interest income for the firm is a highly debatable issue. - rectification order set aside - AT Highlights Income Tax Mon, 04 Jul 2022 09:08:23 +0530 https://www.taxtmi.com/highlights?id=64401