Applicability of section 28(iv) - Waiver of loan - If both ...

High Court Rules Loan Waivers Should Be Treated as Business Income u/s 28(iv) of Income Tax Act.

December 8, 2014

Case Laws Income Tax HC

Applicability of section 28(iv) - Waiver of loan - If both transactions are loan transactions and one part of it is treated as business income then second part could not have given a different character - HC

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Applicability of section 28(iv) - Waiver of loan - If both ...

High Court Rules Loan Waivers Should Be Treated as Business Income u/s 28(iv) of Income Tax Act.

December 8, 2014

Case Laws Income Tax HC

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