TMI BlogHUF Interest-Free Loan Recorded as Unsecured Liability; No Taxable Income Addition u/s 56(2)(vi) of Income Tax Act.Deemed income u/s 56(2)(vi) - interest free unsecured loan - amount was received from HUF and was recorded in the balance sheet as liability of unsecured loan - No addition - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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