Commercial Expidency:- Non-charging of interest on advances by ...

Interest-Free Advances Between Sister Concerns Justified by Commercial Expediency, Allowing Interest Deduction.

January 10, 2012

Case Laws Income Tax AT

Commercial Expidency:- Non-charging of interest on advances by the sister concern, particularly in the situation where both the concerns having benefits of such mutual accommodation, could indeed be justified on the ground of commercial expediency in a particular fact situation. - claim of deduction of interest allowed..... - AT

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Commercial Expidency:- Non-charging of interest on advances by ...

Interest-Free Advances Between Sister Concerns Justified by Commercial Expediency, Allowing Interest Deduction.

January 10, 2012

Case Laws Income Tax AT

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