TMI BlogAddition on account of interest paid u/s 36(1)(iii) - Once, the genuineness is proved and interest is...Addition on account of interest paid u/s 36(1)(iii) - Once, the genuineness is proved and interest is paid on the borrowings, no interest can be disallowed on the grounds that the assessee has not correctly used the amounts borrowed. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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