Bank guarantee commission paid by the assessee is not in the ...

Bank guarantee commission is not an interest expense; no disallowance u/s 14A and Rule 8D(2)(ii) of IT Act.

June 2, 2017

Case Laws     Income Tax     AT

Bank guarantee commission paid by the assessee is not in the nature of interest expenditure warranting disallowance u/s 14A r.w.r 8D(2)(ii). - AT

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