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Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Interest paid to third parties falls under the head “business ...


Interest Paid to Third Parties Qualifies as Business Expenditure for Deduction in Net Profit Calculations.

April 11, 2016

Case Laws     Income Tax     AT

Interest paid to third parties falls under the head “business expenditure” which is liable to be deducted while computing the net profit - AT

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