Case Law Details
Case Name : CIT Vs. Sahib Chits (Delhi) (P) Ltd. (Delhi High Court)
Appeal Number : IT Appeal No. 44 of 2008
Date of Judgement/Order : 24/07/2009
Related Assessment Year :
Courts :
All High Courts Delhi High Court
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A bare reading of s. 2(28A) would reveal that interest is payable in respect of ‘moneys borrowed’ or ‘debt incurred’. It, of course, would include a deposit, claim or other similar right or application of any service fee or other charges in respect of the moneys borrowed or debt incurred. All
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