https://www.taxtmi.com/highlights?id=26875 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 en-us Tue, 12 Jan 2016 10:49:07 +0530 Tue, 12 Jan 2016 10:49:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=26875 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 Highlights Income Tax Tue, 12 Jan 2016 10:49:07 +0530 https://www.taxtmi.com/highlights?id=26875