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![Interest of Loans on Plant & Machinery and CWP cannot be capitalised and Disallowed: ITAT [Read Order] Interest of Loans on Plant & Machinery and CWP cannot be capitalised and Disallowed: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/05/Interest-of-loans-Plant-Machinery-CWP-capitalised-Disallowed-ITAT-Taxscan.jpeg)
Interest of Loans on Plant & Machinery and CWP cannot be capitalised and Disallowed: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Amritsar Bench consisting of M L Meena, Accountant Member and Anikesh Banerjee, Judicial Member has held...