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2017 (7) TMI 1062

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.... 390 of 2017 With TAX APPEAL NO. 391 of 2017 With TAX APPEAL NO. 392 of 2017 - -<br>Income Tax<br>HONOURABLE MR.JUSTICE AKIL KURESHI AND HONOURABLE MR.JUSTICE BIREN VAISHNAV MR MANISH J SHAH, ADVOCAT....

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Full Text of the Document

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....ontention that interest paid on the borrowed funds cannot be treated as expenditure for earning tax free income earned by the assessee by investing the funds for short periods when such funds remained....

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