Disallowance of interest paid - if the land is treated as ...

Income Tax

October 22, 2015

Disallowance of interest paid - if the land is treated as stock-in-trade, the entire interest on the loan used to purchase the land to be treated as revenue expenditure if the loan is genuine. - AT

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Disallowance of interest paid - if the land is treated as ...

Income Tax

October 22, 2015

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