Disallowance on interest payment - addition u/s.40A(2)(a) - ...
Interest Deductions Disallowed in Joint Venture u/s 40A(2)(a) Due to Related Party Transactions.
December 18, 2017
Case Laws Income Tax AT
Disallowance on interest payment - addition u/s.40A(2)(a) - related parties - investment in the joint venture, under J.V Agreement - the assessee would ordinarily be entitled to deduction of interest on its loans and advances under section 37 (1)/36(1) (iii). - AT
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