2017 (7) TMI 1062

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....ted:- 18-7-2017<br>TAX APPEAL NO. 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 VA....

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.... Income Tax Act ignoring the assessee&#39;s contention that interest paid on the borrowed funds cannot be treated as expenditure for earning tax free income earned by the assessee by investing the fun....