Interest upfront to the debenture holder - AO treated it as the ...

Interest Paid to Debenture Holder Deductible Entirely in First Year, Not Deferred Over Five Years.

March 26, 2015

Case Laws Income Tax SC

Interest upfront to the debenture holder - AO treated it as the 'deferred revenue expenditure' - whether is allowable as a deduction in the first year itself or it is to be spread over a period of five years, being the life of the debentures? - entire expenditure allowed in the first year - SC

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Interest upfront to the debenture holder - AO treated it as the ...

Interest Paid to Debenture Holder Deductible Entirely in First Year, Not Deferred Over Five Years.

March 26, 2015

Case Laws Income Tax SC

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