Deduction of Interest paid in respect of capital borrowed for ...

Court Rules Interest Deductions Apply Equally to Capital and Revenue Assets, Clarifying Borrowed Capital Use for Projects.

March 9, 2013

Case Laws Income Tax HC

Deduction of Interest paid in respect of capital borrowed for the projects - no distinction can be made between the money borrowed for acquiring capital asset or revenue asset - HC

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Deduction of Interest paid in respect of capital borrowed for ...

Court Rules Interest Deductions Apply Equally to Capital and Revenue Assets, Clarifying Borrowed Capital Use for Projects.

March 9, 2013

Case Laws Income Tax HC

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