TMI BlogIndian Enterprise Transactions: Determining True Nature of Interest vs. Discounting Charges in Financial Dealings.Amounts received from Indian associated enterprises - whether were in the form of interest or discounting charges? - The true nature of transaction cannot alter merely by clubbing the discounting charges under the head ‘financial expenses’. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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