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Income Tax - Highlights / Catch Notes

Home Highlights February 2015 Year 2015 This

Dis-allowance of interest - we have to see the transfer of the ...

Income Tax

February 10, 2015

Dis-allowance of interest - we have to see the transfer of the borrowed funds to a sister concern from the point of view of commercial expediency and not from the point of view whether the amount was advanced for earning profits. - HC

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