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Income Tax - Highlights / Catch Notes

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Disallowance u/s 14A(2) - when interest receivable on debentures ...

Income Tax

July 26, 2017

Disallowance u/s 14A(2) - when interest receivable on debentures does not fall in the category of exempt income, no addition on account of disallowance of interest as claimed u/s 36(1)(iii) of the Act can be made

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