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Income Tax - Highlights / Catch Notes

Home Highlights August 2015 Year 2015 This

Deduction of interest - Whether CIT(A) has erred in allowing the ...


Interest Deduction Allowed as Revenue Expenditure Despite Not Being Claimed in Income Return by Assessee.

August 17, 2015

Case Laws     Income Tax     AT

Deduction of interest - Whether CIT(A) has erred in allowing the deduction of interest as revenue expenditure even though the same was never claimed by the assessee in the return of income? - deduction allowed - AT

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