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Income Tax - Highlights / Catch Notes

Home Highlights April 2017 Year 2017 This

Disallowance of Interest payable to Alimenta on the amount ...

Case Laws     Income Tax

April 22, 2017

Disallowance of Interest payable to Alimenta on the amount awarded - Confirmed liability or contingent liability - the mere fact that the said judgment and decree was stayed by a DB would not relieve NAFED of its obligation to pay interest in terms thereof to Alimenta - Claim of deduction allowed - HC

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