TMI BlogIf the money is utilised in a way that makes commercial sense and helps in running the business of the...If the money is utilised in a way that makes commercial sense and helps in running the business of the assessee more efficiently, then it can be said that the interest paid in respect of the borrowed money has been incurred for the purposes of commercial expediency. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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