Accrual of liability - where claim of damages and interest ...

Interest on Disputed Damages Not Deductible in Business Income Calculations When Challenged in Court.

October 22, 2015

Case Laws Income Tax AT

Accrual of liability - where claim of damages and interest thereon is disputed by the assessee in the court of law, deduction can't be allowed for the interest claimed on such damages in the computation of business income. - AT

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Accrual of liability - where claim of damages and interest ...

Interest on Disputed Damages Not Deductible in Business Income Calculations When Challenged in Court.

October 22, 2015

Case Laws Income Tax AT

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