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Income Tax - Highlights / Catch Notes

Home Highlights November 2014 Year 2014 This

Interest u/s 36(1)(iii) disallowed – merely as because the ...

Income Tax

November 7, 2014

Interest u/s 36(1)(iii) disallowed – merely as because the assessee had sufficient own funds on the date of the borrowings it cannot be concluded that borrowings were not for the purpose of business - AT

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