Whether the Tribunal is right in deleting the addition u/s ...

High Court Confirms Deduction of Interest Expense on Borrowed Funds u/s 36(1)(iii) in Business Dealings Case.

December 30, 2014

Case Laws Income Tax HC

Whether the Tribunal is right in deleting the addition u/s 36(1)(iii) being the amount of interest paid by the assessee on the borrowing which amounts the assessee lent to another party with whom the assessee had business dealings - held Yes - HC

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Whether the Tribunal is right in deleting the addition u/s ...

High Court Confirms Deduction of Interest Expense on Borrowed Funds u/s 36(1)(iii) in Business Dealings Case.

December 30, 2014

Case Laws Income Tax HC

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