Excess payment of interest to the sister concern - there was no ...

Court Rules No Tax on Non-Accrued Income; Section 40A(2)(b) Not Applicable in Excess Interest Payment Case.

June 13, 2015

Case Laws Income Tax AT

Excess payment of interest to the sister concern - there was no provision in the Act to tax income which has not accrued and further it was not a case of Section 40A(2)(b). - AT

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Excess payment of interest to the sister concern - there was no ...

Court Rules No Tax on Non-Accrued Income; Section 40A(2)(b) Not Applicable in Excess Interest Payment Case.

June 13, 2015

Case Laws Income Tax AT

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