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Income Tax - Highlights / Catch Notes

Home Highlights May 2015 Year 2015 This

Addition of capital expenditure claimed under the head “loan ...

Case Laws     Income Tax

May 28, 2015

Addition of capital expenditure claimed under the head “loan syndication charges” - Since the expenditure has not been claimed by the assessee while computing the income under the head “income from business”, therefore, no disallowance under section 40A(2)(a) can be made - AT

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