This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Interest on loan not deductible if loan were taken for non-business purposes
Case Law Details
- Case Name
- Commissioner of Income-tax Vs Sahu Enterprise (P.) Ltd. (Allahabad High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Allahabad High Court
Advertisement
HIGH COURT OF ALLAHABAD
Commissioner of Income-tax
versus
Sahu Enterprise (P.) Ltd.
Income Tax Appeal Nos. 43 of 2006 AND 55 & 112 of 2005
Date of Pronouncement – 20.02.2013
JUDGMENT
Dr. Satish Chandra, J.
All the appeals have been preferred by the department under Section 260-A of the Income Tax Act against the judgment and orders dated 10.11.2004; 28.02.2005; and 27.05.2005 passed by the Income Tax Appellate Tribunal, Lucknow Bench, Lucknow in ITA Nos 1446/All./1998 (A.Y. 1995-96); 258/All./2000 (A.Y. 1995-960); and ITA No.176/Luc./2001 (A.Y. 1997-98).
2. Income...
