Disallowance of interest 36(1)(iii) - advances to subsidiaries ...

Interest Deduction Allowed for Advances to Subsidiaries if Commercial Expediency Proven u/s 36(1)(iii.

April 11, 2019

Case Laws Income Tax AT

Disallowance of interest 36(1)(iii) - advances to subsidiaries and step down subsidiaries - once the assessee has demonstrated the commercial expediency and corporate strategy for advancing interest bearing funds as interest free advances to subsidiary companies same is duly deductible

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Disallowance of interest 36(1)(iii) - advances to subsidiaries ...

Interest Deduction Allowed for Advances to Subsidiaries if Commercial Expediency Proven u/s 36(1)(iii.

April 11, 2019

Case Laws Income Tax AT

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