M/S PANCHSHEEL TEXTILE MANFAC. & TRAD. vs. C I T AND ANR.
ITA/109/2007HC Punjab & Haryana13 May 2025
Bench: MRS. JUSTICE LISA GILL,MRS. JUSTICE SUDEEPTI SHARMA
ii)
inc
alo
the
the
iii)
ass
the
be
con
app
Sup
(O&M) and other connected ca
lytex Ltd., with the intention of
the said finding we proceed to c
s entitled to deduction on ac
rrowed for the acquisition of su
ares by the assessee of M/S Va
urse of business of trading in sh
borrowed money