ACIT, Circle 6(3), Mumbai Versus Shri Abhijit Rajan - Income Tax - ITAT MUMBAI - Tri - Disallowance of Interest Nexus between interest received and interest paid - Held that - Following assessee s own case for A.Y. 2005-06 - Consistent with the past practice and in the absence of any justification for the departure, the interest claim ought to have been allowed Following CIT vs. Sridev Enterprises 1991 (1) TMI 52 - KARNATAKA High Court - If interest has been allowed as a deduction in the e................................... Income Tax - Case Laws
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