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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Disallowance of expenses on temporary suspension of the business ...

Income Tax

March 5, 2018

Disallowance of expenses on temporary suspension of the business - mere non conduct of hotel business in the previous year due to the temporary suspension thereof by the assessee cannot be a ground to deny the deduction of the interest expense on the borrowed capital - AT

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