Interest expenditure on borrowed capital - expenditure is only ...

Case Laws Income Tax

December 23, 2015

Interest expenditure on borrowed capital - expenditure is only to contain the losses of the borrower-company, by diverting it to the shareholders to that extent. The assessee’s claim is without merit - AT

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Interest expenditure on borrowed capital - expenditure is only ...

Case Laws Income Tax

December 23, 2015

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