INCOME TAX : Payment of interest on loan availed for purchase of machinery which did not amount to extension of existing business was allowed as deduction under section 36(1)(iii), even if said machinery was not put to use in year under considerationINCOME TAX : Payment of interest on loan availed for purchase of machinery which did not amount to extension of existing business was allowed as deduction under section 36(1)(iii), even if said machinery was not put to use in year under considerationwww.taxmann.com Latest Case LawsRead More
