No infirmity in the order of AO in treating the entire loan ...

Income Tax

March 11, 2015

No infirmity in the order of AO in treating the entire loan processing fee paid for obtaining loan from bank being capital in nature. The assessee however, would be entitled to claim depreciation by capitalizing this figure with the cost of asset acquired by it - AT

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No infirmity in the order of AO in treating the entire loan ...

Income Tax

March 11, 2015

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