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DEDUCTION OF ARRANGER FESS, Income Tax

Issue Id: - 107350
Dated: 17-9-2014
By:- S.C. WADHWA

DEDUCTION OF ARRANGER FESS


  • Contents

A company X took loan from finance company and paid 1 lac as arranger fees to it for procurement of loan.

X gave the loan to another person named Y and charged interest at rate charged by finance company plus 1%.

Query is

Whether arranger fees so paid shall be added back in computation of book profit income from business or profession

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Page: 1


1 Dated: 31-12-2015
By:- MARIAPPAN GOVINDARAJAN

Whether you have got clarified in the above issue? If not please inform.


Page: 1

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