IT - Co.operative society - the amount paid by the assessee as ...

Interest on Share Capital Reduces Gross Interest, Not Part of Profit in Cooperative Society Case.

October 10, 2011

Case Laws Income Tax AT

IT - Co.operative society - the amount paid by the assessee as "interest on share capital", in the instant year, goes to reduce the gross interest collected by it from its members and it would not form part of profit at all .... - AT

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IT - Co.operative society - the amount paid by the assessee as ...

Interest on Share Capital Reduces Gross Interest, Not Part of Profit in Cooperative Society Case.

October 10, 2011

Case Laws Income Tax AT

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