Exemption u/s 11 - Claim of repayment of loan as application of ...

Loan Repayment Claim Denied for Assessee u/s 11 Due to Prior Exemption on Asset's Cost.

October 13, 2019

Case Laws Income Tax AT

Exemption u/s 11 - Claim of repayment of loan as application of income - Since the assessee has already claimed exemption towards the cost of asset as application of income, the claim cannot be allowed.

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Exemption u/s 11 - Claim of repayment of loan as application of ...

Loan Repayment Claim Denied for Assessee u/s 11 Due to Prior Exemption on Asset's Cost.

October 13, 2019

Case Laws Income Tax AT

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