Deemed income u/s 69B - notional interest as income on ...

Section 69B: No Taxation on Notional Interest for Loans to Sister Concerns Under Income Tax Act.

May 13, 2020

Case Laws Income Tax AT

Deemed income u/s 69B - notional interest as income on loan/advances to sister concern - Since there is no specific provision in the Income Tax Act for bringing to tax notional interest as income on loan/advances to sister concern, no additions can be made.

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Deemed income u/s 69B - notional interest as income on ...

Section 69B: No Taxation on Notional Interest for Loans to Sister Concerns Under Income Tax Act.

May 13, 2020

Case Laws Income Tax AT

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