Addition to towards interest expenses - borrowing money from ...

Income Tax

March 21, 2022

Addition to towards interest expenses - borrowing money from related party (partnership firm) at higher rate of interest and lending the same at lower interest rate - CIT(A) upheld the additions restricting the interest expense only to the extent of income earned u/s 57 - Additions confirmed - AT

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Addition to towards interest expenses - borrowing money from ...

Income Tax

March 21, 2022

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