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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Expenses incurred n connection with raising of debts / FCC Bonds ...


Expenses for raising debts or Foreign Currency Convertible Bonds are allowable tax expenditures for taxpayers.

May 10, 2016

Case Laws     Income Tax     AT

Expenses incurred n connection with raising of debts / FCC Bonds constitute allowable expenditure of the Assessee. - AT

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