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Income Tax - Highlights / Catch Notes

Home Highlights August 2013 Year 2013 This

Disallowance the interest paid at the rate of difference between ...

Income Tax

August 27, 2013

Disallowance the interest paid at the rate of difference between two average rates (of borrowing funds and lending funds from and to sister concerns) - AO has not pointed out as to how the conditions of section 36(1)(iii) have been violated in this case - No disallowance - AT

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