Disallowance of interest for drawings out of cash credit account deleted as closing balance of capital was more than opening balance
April 21, 2017
Income Tax, ITAT, Judgments
Disallowance of interest for drawings out of cash credit account deleted as despite drawings closing balance of capital was more than opening balance ABCAUS Case Law Citation: ABCAUS 1217 (2017) (04) ITAT The Grievance: The appellant assessee was aggrieved by the order of the Commissioner of Income Tax …