Survey surrender characterisation determines whether mixed excess stock and business-linked cash face normal taxation or special deemed-income taxatio...
Allowance of interest expenditur - A camouflage or not, the assessee had arranged the affairs in such a manner as no interest being earned directly by the assessee firms through the investments made by its partners - ITAT has committed an error in allowing interest expenditure.
Allowance of interest expenditur - A camouflage or not, the assessee had arranged the affairs in such a manner as no interest being earned directly by the assessee firms through the investments made by its partners - ITAT has committed an error in allowing interest expenditure.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
