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Income Tax - Highlights / Catch Notes

Home Highlights November 2016 Year 2016 This

Nature of Interest paid on loans taken - AO directed to exclude ...

Case Laws     Income Tax

November 8, 2016

Nature of Interest paid on loans taken - AO directed to exclude the interest incurred on loans from the valuation of closing stock and allow the same as deduction u/s 36(1)(iii) of the Act. - AT

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