Income Tax - Claim of interest u/s 36(1)(iii) - AO cannot force the assessee to earn interest income or save interest expenses for running the business. - The Assessing Officer was unable to demonstrate that interest bearing loans were used by the assessee other than business purpose - Tri

Income Tax - Claim of interest u/s 36(1)(iii) - AO cannot force the assessee to earn interest income or save interest expenses for running the business. - The Assessing Officer was unable to demonstrate that interest bearing loans were used by the assessee other than business purpose - Tri....................