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

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

36 (1) The deductions pr all be allowed in respect of t mputing the income referred to in xx xxxx ) the amount of the interest p the purpose of the business or p planation :- Recurring subs areholders, or subscribers in M ch conditions as may be prescri rrowed within the meaning of thi levant portion of order dated 31 Tribunal