Hundi Discounting charges - interest paid for the purpose of or ...
Hundi Discounting Charges Deemed Interest; Deductible in Year Liability Arises Under Income Tax Case Law.
April 30, 2015
Case Laws Income Tax HC
Hundi Discounting charges - interest paid for the purpose of or in the course of carrying on business is allowable in the year in which the liability arose. - HC
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