Solely because the assessee for whatever reasons/consideration ...

Court Rules Varying Interest Rates Not Automatically Unreasonable u/s 40A(2)(b) of Income Tax Act.

August 7, 2014

Case Laws Income Tax HC

Solely because the assessee for whatever reasons/consideration charged the interest at different rates by that itself cannot be a ground to come to the conclusion that charging of interest at higher rate than charged from other party was excessive and / or unreasonable u/s 40A(2)(b) - HC

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Solely because the assessee for whatever reasons/consideration ...

Court Rules Varying Interest Rates Not Automatically Unreasonable u/s 40A(2)(b) of Income Tax Act.

August 7, 2014

Case Laws Income Tax HC

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