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Income Tax - Highlights / Catch Notes

Home Highlights December 2014 Year 2014 This

Disallowance of interest paid u/s 40A(2)(b) - excessive claim - ...

Income Tax

December 25, 2014

Disallowance of interest paid u/s 40A(2)(b) - excessive claim - borrowed funds from relatives invested in FDRs - merely variation in the rate of interest cannot be the reasons for making the disallowance - AT

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