TMI BlogDis-allowance of interest expense from allegadly interest income by Revenue – The interest paid to the...Dis-allowance of interest expense from allegadly interest income by Revenue – The interest paid to the power procurement utilities on commitment advances was capitalized. Interest paid and interest received were inextricably linked and have a commonality about their nature and character. They cannot be treated differently..... - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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