TMI BlogDeduction allowable u/s 36 (1)(iii) - assessee has not commenced any business activity and no deduction...Deduction allowable u/s 36 (1)(iii) - assessee has not commenced any business activity and no deduction is allowable u/s 36 (1) (iii) in respect of interest expenditure because it is not in respect of any business activity, the fund raising charges also cannot be allowed for the same reason. - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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