Deemed income u/s 56(2)(vi) - interest free unsecured loan - ...

HUF Interest-Free Loan Recorded as Unsecured Liability; No Taxable Income Addition u/s 56(2)(vi) of Income Tax Act.

November 3, 2012

Case Laws Income Tax AT

Deemed income u/s 56(2)(vi) - interest free unsecured loan - amount was received from HUF and was recorded in the balance sheet as liability of unsecured loan - No addition - AT

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Deemed income u/s 56(2)(vi) - interest free unsecured loan - ...

HUF Interest-Free Loan Recorded as Unsecured Liability; No Taxable Income Addition u/s 56(2)(vi) of Income Tax Act.

November 3, 2012

Case Laws Income Tax AT

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