Shanti Prime Publication Pvt. Ltd.
Sec. 36 of Income-tax Act, 1961— Business Expenditure— Assessee did not have any interest-free funds available at its disposal which could have been used for making investments for non-business purpose and to that extent, the disallowance of interest pertaining to the Investments made in relation to properties meant for non-business purpose, is rightly called for - DEVI CONSTRUCTION CO. V/s DY. CIT -  207 TTJ 130 (ITAT-PUNE)