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Income Tax - Highlights / Catch Notes

Home Highlights November 2016 Year 2016 This

Addition of interest expenses - assessee has made payment to ...


Interest Payments to Partners Allowed u/s 40(b) of Income Tax Act, Claims for Expenses Approved.

November 26, 2016

Case Laws     Income Tax     AT

Addition of interest expenses - assessee has made payment to partners as per the Partnership Deed and within the limit prescribed u/s 40(b) - claim of interest expense allowed - AT

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