TMI BlogDisallowance of interest paid - if the land is treated as stock-in-trade, the entire interest on the...Disallowance of interest paid - if the land is treated as stock-in-trade, the entire interest on the loan used to purchase the land to be treated as revenue expenditure if the loan is genuine. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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