Revenue expenditure - interest expenses towards delayed payment ...

Income Tax

August 31, 2021

Revenue expenditure - interest expenses towards delayed payment of EDC external Development Charges to HUDA - - Not to be held as penal in nature u/s 37(1) - the interest expenditure on delayed payment for EDC charges paid to HUDA in the year under consideration is allowable to the assessee - AT

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Revenue expenditure - interest expenses towards delayed payment ...

Income Tax

August 31, 2021

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