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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Allowability of interest relatable to the borrowed funds given ...


Interest on Borrowed Funds for Directors and Sister Concerns Deemed Allowable for Agricultural Land Acquisition.

November 15, 2013

Case Laws     Income Tax     AT

Allowability of interest relatable to the borrowed funds given by the company to its directors and its sister concerns for acquiring agricutural land - interest allowed - AT

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