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![Interest Paid on Borrowing by Assessee carrying out Business in Investing in Shares Allowable as Business Expenditure: ITAT [Read Order] Interest Paid on Borrowing by Assessee carrying out Business in Investing in Shares Allowable as Business Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Interest-Paid-Interest-Borrowing-Business-Investing-in-Shares-Business-Expenditure-ITAT-Income-Tax-Tax-Taxscan.jpg)
Interest Paid on Borrowing by Assessee carrying out Business in Investing in Shares Allowable as Business Expenditure: ITAT [Read Order]
The Bangalore bench of the Income Tax Appellate Tribunal ( ITAT ) has recently held that interest paid on borrowing by assessee carrying out business...