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Income Tax - Highlights / Catch Notes

Home Highlights October 2013 Year 2013 This

Notional interest - When the parties have agreed not to charge ...

Case Laws     Income Tax

October 11, 2013

Notional interest - When the parties have agreed not to charge the interest, as per the condition laid down in the MoU i.e. “if the remittance is within the less than two months“, then the AO cannot compel to do so - HC

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