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Income Tax - Highlights / Catch Notes

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Disallowance of interest u/s 36(1)(iii) - it can be said that ...

Income Tax

March 15, 2016

Disallowance of interest u/s 36(1)(iii) - it can be said that amount invested in the subsidiaries company was arising out of commercial expediency and was thus for the purpose of business of the assessee. - AT

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