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![Interest Paid to Private Bank can’t be disallowed u/s 43B: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Taxscan-1.jpg "Interest Paid to Private Bank can’t be disallowed u/s 43B: ITAT [Read Order]")
Interest Paid to Private Bank can’t be disallowed u/s 43B: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Hyderabad bench has held that the amount of interest paid to a Private bank is out of the purview of...