Principle of mutuality - financial institutions from whom the ...

Case Laws Income Tax

September 9, 2015

Principle of mutuality - financial institutions from whom the interest is received by the assessee are not members of the Assessee Company but third parties. The relation between them is only as clients of the financial institutions and there is no scope of mutuality existing between them - AT

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Principle of mutuality - financial institutions from whom the ...

Case Laws Income Tax

September 9, 2015

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