Interest free advances and loans given to directors & sister ...
Interest-Free Loans to Directors and Sister Concerns Validated; Addition Deleted u/s 36(1)(iii) Due to Own Funds.
July 2, 2016
Case Laws Income Tax HC
Interest free advances and loans given to directors & sister concerns for non business purposes - Assessee had interest free funds of its own basis which addition u/s 36(1)(iii) was deleted
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