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Income Tax - Highlights / Catch Notes

Home Highlights July 2016 Year 2016 This

Disallowance of interest payment - Excessive interest or not - ...

Income Tax

July 20, 2016

Disallowance of interest payment - Excessive interest or not - If the companies are paying the same rate of interest as the bank are paying then the public would not see any benefit in making deposits with the Company and they will go for bank interest. - AT

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