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Income Tax - Highlights / Catch Notes

Home Highlights August 2014 Year 2014 This

Assessment of accrued interest on investment – when the amount ...


Unsecured Loan Conversion to Shares: No Interest Income Accrues on Investment After Share Allotment.

August 6, 2014

Case Laws     Income Tax     AT

Assessment of accrued interest on investment – when the amount of unsecured load is converting into share application money and shares have been allotted, no interest income would accrue - AT

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