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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

Deduction of interest - allegation that assessee had lent money ...

Income Tax

September 12, 2019

Deduction of interest - allegation that assessee had lent money from borrowed funds to the husband - principles of commercial expediency - CIT(A) decided the case against the assessee based on its own personal opinion without any material available on record thus the finding rendered by the CIT(A) is perverse. - HC

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