TMI BlogAddition u/s 43B - Conversion of interest payable in equity shares - As liability can be discharged in a...Addition u/s 43B - Conversion of interest payable in equity shares - As liability can be discharged in a number of ways, it does emphasize the fundamental principle that unless 'actual payment' is made, the restriction placed in section 43B will hold good and deduction cannot be allowed. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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