CEGAT Upholds Deduction of Interest on Receivables for Assessable Value The Appellate Tribunal CEGAT, Mumbai upheld the impugned order allowing deduction of interest on receivables for assessable value, rejecting Revenue's ...
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CEGAT Upholds Deduction of Interest on Receivables for Assessable Value
The Appellate Tribunal CEGAT, Mumbai upheld the impugned order allowing deduction of interest on receivables for assessable value, rejecting Revenue's claim of loss due to free credit period. The Tribunal dismissed the appeal based on a previous judgment on the same issue.
The Appellate Tribunal CEGAT, Mumbai upheld the impugned order allowing deduction of interest on receivables for assessable value, rejecting Revenue's claim of loss due to free credit period. The Tribunal dismissed the appeal based on a previous judgment on the same issue.
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