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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

The interest paid has to be allowed as deduction u/s 36(1)(iii) ...

Case Laws     Income Tax

September 18, 2012

The interest paid has to be allowed as deduction u/s 36(1)(iii) as in existence during the assessment year 1999-2000 as a transaction of borrowing is not the same as a transaction of investment - HC

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