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Income Tax - Highlights / Catch Notes

Home Highlights May 2015 Year 2015 This

Nature of expenditure relating to loan - Processing charges and ...

Income Tax

May 13, 2015

Nature of expenditure relating to loan - Processing charges and other expenses incurred by the assessee in connection with the loan borrowed, thus, are to be considered in the nature of interest as per the definition given in section 2(28A) - AT

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