Taxpayer's Interest Offset Claim Upheld u/s 57(iii); Consistent with Previous and Subsequent Years' Assessments.

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....Disallowance u/s 57 - disallowing of interest paid to bank which has been claimed by assessee against the income from other sources - The claim for netting off of interest in terms of Section 57(iii) of the Act was in order. - Since the Revenue was accepted the principle consistency in earlier assessment years and also in subsequent assessment years there is no justification and deviating from the said principle only for the assessment year under consideration i.e. AY 2015-16. - AT....