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Income Tax - Highlights / Catch Notes

Home Highlights January 2017 Year 2017 This

Addition under the head notional interest - Charging or not ...


Taxpayer Discretion on Charging Interest for Advances from Interest-Free Funds: Key Considerations and Implications.

January 12, 2017

Case Laws     Income Tax     AT

Addition under the head notional interest - Charging or not charging of interest is a discretion of an assessee-especially when the advance is made out of interest free funds. - AT

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