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Income Tax - Highlights / Catch Notes

Home Highlights April 2013 Year 2013 This

Interest free finance to subsidiary company - The expenditure ...

Case Laws     Income Tax

April 2, 2013

Interest free finance to subsidiary company - The expenditure may not have been incurred under any legal obligation, but yet it is allowable as business expenditure if it was incurred on grounds of commercial expediency. - AT

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