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Income Tax - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Taxability of Notional interest - Deposit/advance made to ...

Income Tax

March 1, 2019

Taxability of Notional interest - Deposit/advance made to certain parties - The availability of interest free funds in the hands of assessee by way of Capital Account is not disputed and in such circumstances, no notional interest is taxable.

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