Claim of interest paid to partners as deduction - interest on ...

Case Laws Income Tax

November 3, 2017

Claim of interest paid to partners as deduction - interest on outstanding amount of remuneration - The deduction of interest paid can only be permitted if the assessee is receiving the interest income from the capital contribution made by him.

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Claim of interest paid to partners as deduction - interest on ...

Case Laws Income Tax

November 3, 2017

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