Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
Overlapping GST proceedings require Central and State authorities to designate one competent authority for coordinated adjudication of the same matter...
Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
Interest expense - The borrowed amount in question was not utilized by the assessee in its own business, but had been advanced as interest-free loan to its sister-concern and later converted into share capital. - What is relevant is whether the assessee advanced such amount to its sister-concern as a measure of commercial expediency. - AT
Interest expense - The borrowed amount in question was not utilized by the assessee in its own business, but had been advanced as interest-free loan to its sister-concern and later converted into share capital. - What is relevant is whether the assessee advanced such amount to its sister-concern as a measure of commercial expediency. - AT
Note: It is a system-generated summary and is for quick reference only.
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