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Income Tax - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

The stand of the AO is that assessee should have used its own ...

Case Laws     Income Tax

August 12, 2013

The stand of the AO is that assessee should have used its own fund instead of interest bearing borrowings for running the business. - AO cannot force the assessee to earn interest income or save interest expenses for running the business. - AT

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