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Income Tax - Highlights / Catch Notes

Home Highlights April 2016 Year 2016 This

Interest does not accrue on a loan when the principal amount itself is considered doubtful.


Interest does not accrue on a loan when the principal amount itself is considered doubtful.

April 13, 2016

Case Laws     Income Tax     AT

No interest accrues when the principal amount of loan itself becomes doubtful. - AT

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