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Income Tax - Highlights / Catch Notes

Home Highlights June 2013 Year 2013 This

Interest on account of investment in shares disallowed - set off ...


High Court rejects tribunal's decision; disallows interest claim on investment in shares due to improper set-off.

June 4, 2013

Case Laws     Income Tax     HC

Interest on account of investment in shares disallowed - set off of interest received with interest paid - Order of the tribunal deleting the addition cannot be sustained - HC

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