Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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Disallowance on account of interest expenses u/s.40A(2)(b) - the unsecured loan was required to be paid on demand, but in the case of related parties there was no such condition. We are of the considered view that the interest @18% is reasonable - AT