S.37(1): Business expenditure-Bank-Interest-Capital or revenue-Broken period interest paid on purchase of securities-Allowable as revenue expenditure.[S. 260A]
CIT v. State Bank of Hyderabad (No. 2) (2024)469 ITR 325 (Telangana)(HC) Editorial : SLP of Revenue is dismissed, CIT v. State Bank of Hyderabad (2024) 469 ITR 332 (SC)