Allowance of interest - The land on which the assessee is ...

Interest Deduction Approved for Building Loan as Land Classified as Business Asset u/s 37(1) of Income Tax Act.

October 25, 2013

Case Laws Income Tax AT

Allowance of interest - The land on which the assessee is constructing the building is to be treated as business asset of the assessee company - Allowed the claim of the assessee towards the interest and processing charges incurred on loan. - interest allowed u/s 37(1) - AT

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Allowance of interest - The land on which the assessee is ...

Interest Deduction Approved for Building Loan as Land Classified as Business Asset u/s 37(1) of Income Tax Act.

October 25, 2013

Case Laws Income Tax AT

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