Deemed income u/s 41(1) - merely relying upon the expression ...

Income Tax

February 25, 2013

Deemed income u/s 41(1) - merely relying upon the expression ‘principal’ used in the letter, one cannot conclude that the amount contains only the principal component of loan, and no element of interest is embedded therein. - AT

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Deemed income u/s 41(1) - merely relying upon the expression ...

Income Tax

February 25, 2013

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