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Income Tax - Highlights / Catch Notes

Home Highlights November 2016 Year 2016 This

Addition of notional interest on the loan given by the assessee ...

Income Tax

November 10, 2016

Addition of notional interest on the loan given by the assessee to its wholly owned subsidiary - assessee company took a decision for not booking the interest income - AO cannot tax the interest income on hypothetical basis - AT

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