Disallowance of interest - once the amounts were advanced to ...

Court Upholds Interest Deduction Disallowance: Advances Not Made in Business Course Don't Qualify for Tax Deductions.

August 21, 2015

Case Laws Income Tax HC

Disallowance of interest - once the amounts were advanced to these ladies not in the course of business, the assessee was not entitled to claim any deduction of interest paid on the amount borrowed. - HC

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Disallowance of interest - once the amounts were advanced to ...

Court Upholds Interest Deduction Disallowance: Advances Not Made in Business Course Don't Qualify for Tax Deductions.

August 21, 2015

Case Laws Income Tax HC

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