Allowability of Interest on mobilization advance - amount was ...

Interest on Mobilization Advance for Work Contract is Allowable Expenditure Once Utilized by Joint Venture.

August 10, 2019

Case Laws Income Tax AT

Allowability of Interest on mobilization advance - amount was received for the execution of work contract - once the said amount was utilized for the execution of the contract work of the assessee joint venture then the interest paid on the mobilization advance is an allowable expenditure in the hand of the joint venture

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Allowability of Interest on mobilization advance - amount was ...

Interest on Mobilization Advance for Work Contract is Allowable Expenditure Once Utilized by Joint Venture.

August 10, 2019

Case Laws Income Tax AT

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