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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Addition u/s 36 - the disallowance should be restricted to net ...


Disallowance u/s 36: Limit to Net Interest on Overdraft for Payments on Behalf of Specified Persons in Section 40A(2)(b).

October 26, 2015

Case Laws     Income Tax     AT

Addition u/s 36 - the disallowance should be restricted to net interest paid on the overdraft amount in relation to payments made by the assessee on behalf of the specified persons under section 40A(2)(b) - AT

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