Principle of netting or set off - The delay in payment of the ...

Income Tax

December 19, 2012

Principle of netting or set off - The delay in payment of the sale proceeds and the delay in repayment of the borrowing are both intertwined; one gives rise to interest income and the other gives rise to interest liability. - HC

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Principle of netting or set off - The delay in payment of the ...

Income Tax

December 19, 2012

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