Disallowance u/s 36(1)(iii) - assessee raised loan funds at high ...

Loan Funds Misused: High-Interest Loans Transferred to Group Concerns at Lower Rates, Section 36(1)(iii) Addition Confirmed.

October 22, 2018

Case Laws Income Tax AT

Disallowance u/s 36(1)(iii) - assessee raised loan funds at high rate of interest but transferred to a sister concern or group concern at lower rate of interest or no interest without any business purpose - addition confirmed.

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Disallowance u/s 36(1)(iii) - assessee raised loan funds at high ...

Loan Funds Misused: High-Interest Loans Transferred to Group Concerns at Lower Rates, Section 36(1)(iii) Addition Confirmed.

October 22, 2018

Case Laws Income Tax AT

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