If the money is utilised in a way that makes commercial sense ...

Income Tax

April 21, 2016

If the money is utilised in a way that makes commercial sense and helps in running the business of the assessee more efficiently, then it can be said that the interest paid in respect of the borrowed money has been incurred for the purposes of commercial expediency. - AT

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If the money is utilised in a way that makes commercial sense ...

Income Tax

April 21, 2016

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