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Income Tax | ITAT Mumbai Deletes Section 36(1)(iii) Interest Disallowance on Cherlapally Land

9 Sept 2026 · 9 Sept 2026By CA Vijayakumar Shetty

ITAT Mumbai deletes ₹23.05 lakh interest disallowance, holding Cherlapally land was used as a storage yard and sufficient interest-free funds covered its cost. The post ITAT Mumbai Deletes Section 36(1)(iii) Interest Disallowance on Cherlapally Land appeared first on TaxGuru .

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Income Tax | ITAT Mumbai Deletes Section 36(1)(iii) Interest Disallowance on Cherlapally Land

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