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Income Tax - Highlights / Catch Notes

Home Highlights October 2014 Year 2014 This

Accrual of interest - if the assessees had advanced interest ...

Income Tax

October 10, 2014

Accrual of interest - if the assessees had advanced interest bearing funds as interest free advances, the interest paid by the assessees towards such borrowed funds would have to be disallowed and treated as the income of the respective assessees - AT

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