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Income Tax - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Disallowance of interest expenditure under section 57(iii) - the ...


Interest on Loans for Share Investments Deductible Under Income Tax Act Section 57(iii.

June 8, 2015

Case Laws     Income Tax     AT

Disallowance of interest expenditure under section 57(iii) - the interest expenditure on the borrowed amount used for the purpose of investment in the shares is an allowable deduction under section 57(iii) - AT

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