ITAT Allows interest expenditure on the abandoned project
ITAT Allows interest expenditure on the abandoned project Brief facts of the case are that the assessee company is engaged in the business of engineering products has filed its return of income for the assessment year 2013-14 on 18.09.2013 declaring total loss of Rs.2,27,51,993/-. The assessment has been completed u/s.143(3) of the Income Tax Act,…
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