Any interest paid on the capital borrowed for the purpose of ...

Interest on Business Loans Deductible Under Income Tax Act Section 36(1)(iii); Section 37(1) Provisions Not Applicable.

December 21, 2013

Case Laws Income Tax AT

Any interest paid on the capital borrowed for the purpose of business or profession has to be allowed as deduction u/s 36(1)(iii) - Provisions of section 37(1) are not applicable in respect of interest on the capital borrowed for business purpose - AT

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Any interest paid on the capital borrowed for the purpose of ...

Interest on Business Loans Deductible Under Income Tax Act Section 36(1)(iii); Section 37(1) Provisions Not Applicable.

December 21, 2013

Case Laws Income Tax AT

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