2001 (7) TMI 286 - AT - Income Tax

Summary

The Appellate Tribunal ITAT Jodhpur dismissed the Revenue's appeal for asst. yr. 1995-96 against the order of CIT(A), Jodhpur, dt. 21st April, 1999. The Tribunal found the matter covered in favor of the assessee by a previous decision and declined to interfere, allowing deduction on interest paid to third parties.