Interest on borrowed fund - revenue expenditure

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..... An existing private limited company in transportation business wants to acqire another pvt.ltd. company doing tansportation business by utilising funds borrowed for this purpose. Whether interest paid .....

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..... on such borrowed funds is an allowable revenue expenditure under Income Tax Act. - Reply By Surender Gupta - The Reply = There are number of contradictory judgments are available. Only a careful st .....

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..... udy would help to find a suitable solution. - Interest on borrowed fund - revenue expenditure - Query Started By: - S.C.GUPTA Dated:- 19-2-2008 Income Tax - Got 1 Reply - Income Tax - Discussion For .....

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..... um - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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