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![Disallowance of Interest can’t be made where Interest-Free Funds are sufficient to cover Interest-Free Investments: ITAT [Read Order] Disallowance of Interest can’t be made where Interest-Free Funds are sufficient to cover Interest-Free Investments: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/Disallowance-of-interest-interest-free-funds-interest-free-investments-ITAT-Taxscan.jpg)
Disallowance of Interest can’t be made where Interest-Free Funds are sufficient to cover Interest-Free Investments: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench ruled that the disallowance of interest can not be made where interest-free funds are...