Deduction of interest u/s 37(1) or 36(1)(iii) - the aforesaid ...

Taxpayer's Interest Payment Not Deductible u/ss 37(1) or 36(1)(iii) as It Didn't Crystallize This Year.

January 25, 2019

Case Laws Income Tax AT

Deduction of interest u/s 37(1) or 36(1)(iii) - the aforesaid interest paid by the assessee under protest, was nothing but the money kept in trust before the revenue and the expenditure in that respect could not be said to have even crystallized during impugned AY - Claim not allowed.

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Deduction of interest u/s 37(1) or 36(1)(iii) - the aforesaid ...

Taxpayer's Interest Payment Not Deductible u/ss 37(1) or 36(1)(iii) as It Didn't Crystallize This Year.

January 25, 2019

Case Laws Income Tax AT

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