Allowability of interest expense - In absence of establishing ...

Case Laws Income Tax

October 6, 2017

Allowability of interest expense - In absence of establishing the necessary nexus being between the borrowings and the investments in the mutual funds, it can safely be concluded that the investments in the mutual fund units have been made out of mixed funds.

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Allowability of interest expense - In absence of establishing ...

Case Laws Income Tax

October 6, 2017

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