Disallowance on account of interest expenses u/s.40A(2)(b) - the ...

Income Tax

January 12, 2016

Disallowance on account of interest expenses u/s.40A(2)(b) - the unsecured loan was required to be paid on demand, but in the case of related parties there was no such condition. We are of the considered view that the interest @18% is reasonable - AT

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Disallowance on account of interest expenses u/s.40A(2)(b) - the ...

Income Tax

January 12, 2016

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