Interest Payments in Income Tax: Evaluating Excessive Interest Rates and Comparisons with Bank Offers for Reasonableness. https://www.taxtmi.com/highlights?id=30402 Disallowance of interest payment - Excessive interest or not - If the companies are paying the same rate of interest as the bank are paying then the public would not see any benefit in making deposits with the Company and they will go for bank interest. - AT en-us Wed, 20 Jul 2016 13:30:03 +0530 Wed, 20 Jul 2016 13:30:03 +0530 TaxTMI RSS Generator Interest Payments in Income Tax: Evaluating Excessive Interest Rates and Comparisons with Bank Offers for Reasonableness. https://www.taxtmi.com/highlights?id=30402 Disallowance of interest payment - Excessive interest or not - If the companies are paying the same rate of interest as the bank are paying then the public would not see any benefit in making deposits with the Company and they will go for bank interest. - AT Highlights Income Tax Wed, 20 Jul 2016 13:30:03 +0530 https://www.taxtmi.com/highlights?id=30402