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Home Highlights February 2013 Year 2013 This

Interest expenses - section 36(1)(iii) - It is immaterial ...


High Court Affirms Interest Expenses Deductibility u/s 36(1)(iii) for Both Capital and Revenue Purposes.

February 21, 2013

Case Laws     Income Tax     HC

Interest expenses - section 36(1)(iii) - It is immaterial whether the assessee had utilized the money for capital or revenue purpose - HC

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