2 results for “capital gains”+ Section 46(2)clear
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Bench: : Shri Ramit Kocharassessment Year: 2016-17
46,265/- out of the total disallowance of Rs. 34,38,533/ made by the Ld. Assessing Officer even when the entire amount of interest expense on unsecured loans was allowable as deduction under section 36(1)(iii) of the Income-Tax Act, 1961 since the unsecured loans were utilized for making investment in the partnership firm from where income