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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Nature of interest expenditure - AO and CIT(A) were right in ...

Case Laws     Income Tax

March 1, 2018

Nature of interest expenditure - AO and CIT(A) were right in treating the activity carried out by the assessee as investment activity and accordingly finance charges is not deductable under section 36(1)(iii). - AT

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