Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Interest paid on funds borrowed for purchase of shares deductible u/s 36(1)(iii) or not – the expenditure relatable to such an investment is allowable business expenditure u/s 36(1)(iii) - HC
Interest paid on funds borrowed for purchase of shares deductible u/s 36(1)(iii) or not – the expenditure relatable to such an investment is allowable business expenditure u/s 36(1)(iii) - HC
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
