Disallowance of whole of finance charges - accrual of ...

Court Allows Claim for Finance Charges as Liability Becomes Definite Over Time.

September 5, 2016

Case Laws Income Tax AT

Disallowance of whole of finance charges - accrual of incremental liability - the obligation for repayment of enhanced liability corresponding to the financial charges has crystallized with the efflux of time. - claim of expenditure allowed - AT

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Disallowance of whole of finance charges - accrual of ...

Court Allows Claim for Finance Charges as Liability Becomes Definite Over Time.

September 5, 2016

Case Laws Income Tax AT

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