Disallowance of interest expenditure u/s 36 - interest ...

Interest on Borrowed Funds for Share Application Money Deductible u/s 36(1)(iii) of Income Tax Act.

September 1, 2020

Case Laws Income Tax AT

Disallowance of interest expenditure u/s 36 - interest expenditure incurred on the borrowed fund utilised for making the payment of share application money is deductible u/s 36(1)(iii) as claimed by the assessee. - AT

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Disallowance of interest expenditure u/s 36 - interest ...

Interest on Borrowed Funds for Share Application Money Deductible u/s 36(1)(iii) of Income Tax Act.

September 1, 2020

Case Laws Income Tax AT

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