TMI BlogAllowance of interest expenditur - A camouflage or not, the assessee had arranged the affairs in such a...Allowance of interest expenditur - A camouflage or not, the assessee had arranged the affairs in such a manner as no interest being earned directly by the assessee firms through the investments made by its partners - ITAT has committed an error in allowing interest expenditure. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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