Disallowance of interest expenditure is warranted if assessee has not made any new investment during the year
Last updated: 22 February 2021
Court :
ITAT Kolkata
Brief :
The present appeal has been preferred by the assessee against the order dated 27.02.2020 of the Commissioner of Income-tax (Appeals)-20, Kolkata [hereinafter referred to as ‘CIT(A)’].
Citation :
ITA No.534/Kol/2020
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Published in Income Tax
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