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Income Tax - Highlights / Catch Notes

Home Highlights July 2014 Year 2014 This

Income on account of interest treated as income from other ...


Interest Income Reclassified; Remuneration to Partners Disallowed, but Deduction Allowed as Business Income.

July 7, 2014

Case Laws     Income Tax     AT

Income on account of interest treated as income from other sources – Disallowance of remuneration to partners from interest income - deduction allowed considering as business income - AT

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