Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1987 (7) TMI HC This

  • Login
  • Summary

Forgot password       New User/ Regiser

⇒ Register to get Live Demo



 

1987 (7) TMI 28 - HC - Income Tax

The High Court of Calcutta granted a certificate for appeal to the Supreme Court regarding the deduction of interest paid on loans for income tax purposes. The court noted a difference in the language of sections 36 and 57 of the Income-tax Act, allowing the appeal based on previous similar cases and the scope of deductions under different sections. The application for appeal was allowed, certifying it as a fit case for appeal to the Supreme Court.

 

 

 

 

Quick Updates:Latest Updates