Interest on borrowed funds disallowance - interest free loan ...

Income Tax

October 7, 2014

Interest on borrowed funds disallowance - interest free loan given to sister concerns - The sister concern getting into litigation or involving itself in a arbitration proceedings to which the holding company is nowhere responsible, cannot be made a ground for allowing deduction - HC

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Interest on borrowed funds disallowance - interest free loan ...

Income Tax

October 7, 2014

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