Interest under Section 40A(2) - whether a particular expenditure ...

Expenditure or Loan Reasonableness u/s 40A(2) is a Factual Question, Requires Case-Specific Evaluation.

May 2, 2013

Case Laws Income Tax HC

Interest under Section 40A(2) - whether a particular expenditure or loan was excessive and unreasonable, was essentially a question of fact and did not involve any issue of law. - HC

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Interest under Section 40A(2) - whether a particular expenditure ...

Expenditure or Loan Reasonableness u/s 40A(2) is a Factual Question, Requires Case-Specific Evaluation.

May 2, 2013

Case Laws Income Tax HC

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