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Income Tax - Highlights / Catch Notes

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Additions made on notional interest on loans & advances - AO has ...


Assessee Disputes AO's Notional Interest Addition on Land Purchase Loans and Advances: Misjudged by AO?

September 20, 2022

Case Laws     Income Tax     AT

Additions made on notional interest on loans & advances - AO has completely erred in imputing notional interest on loans & advances. As the argument of the assessee that said loans & advances paid for purchase of land. - AT

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