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Income Tax - Highlights / Catch Notes

Home Highlights June 2012 Year 2012 This

Dis-allowance u/s 14A of notional interest paid on loan taken ...


Section 14A Notional Interest Rule Deemed Inapplicable for Loans Used as Capital in Partnerships.

June 17, 2012

Case Laws     Income Tax     AT

Dis-allowance u/s 14A of notional interest paid on loan taken for capital contribution in partnership firm - partnership firm - provisions of section 14A are not applicable in the present case - AT

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