INCOME TAX : Where assessee-company, engaged in business of real estate, borrowed loan from bank for construction of a commercial building project and further borrowed an amount to repay said earlier loan, interest paid by assessee on both such amounts borrowed by it was to be allowed as deduction under section 24(b)INCOME TAX : Where assessee-company, engaged in business of real estate, borrowed loan from bank for construction of a commercial building project and further borrowed an amount to repay said earlier loan, interest paid by assessee on both such amounts borrowed by it was to be allowed as deduction under section 24(b)www.taxmann.com Latest Case LawsRead More
