Disallowing the interest on the notional / proportionate basis - ...

Income Tax

November 13, 2018

Disallowing the interest on the notional / proportionate basis - As per the lower authorities, the borrowed fund has been utilized in the capital work-in-progress in view of the fact that the accumulated loss of the assessee exceeds the fund of the assessee.

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Disallowing the interest on the notional / proportionate basis - ...

Income Tax

November 13, 2018

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