Nature of expenditure relating to loan - Processing charges and ...

Loan Processing Fees Classified as Interest u/s 2(28A) of the Income Tax Act.

May 13, 2015

Case Laws Income Tax AT

Nature of expenditure relating to loan - Processing charges and other expenses incurred by the assessee in connection with the loan borrowed, thus, are to be considered in the nature of interest as per the definition given in section 2(28A) - AT

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Nature of expenditure relating to loan - Processing charges and ...

Loan Processing Fees Classified as Interest u/s 2(28A) of the Income Tax Act.

May 13, 2015

Case Laws Income Tax AT

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