M/S PANCHSHEEL TEXTILE MANFAC. & TRAD. vs. C I T AND ANR.

Bench: MRS. JUSTICE LISA GILL,MRS. JUSTICE SUDEEPTI SHARMA

14A is unnecessa the three assessment years s allowance as directed earlier. In the result, appeals of the R rposes.” F THE RECORD bare reading of Section 36(1)(iii) interest paid in respect of cap fession shall be allowed. Meanin rrowed for the purpose of busin ame shall be deducted while com he Act. Section