Interest Disallowance u/s 40A(2)(b) for Related Parties: No Tax Advantage or Manipulation Found by Assessee.

Interest Disallowance u/s 40A(2)(b) for Related Parties: No Tax Advantage or Manipulation Found by Assessee. https://www.taxtmi.com/highlights?id=31558 Disallowanece of interest u/s 40A(2)(b) - related parties - the assessee as well as the relatives, to whom assessee has paid interest are being taxed higher rates, the entire exercise undertaken by the AO is neutral exercise - AT en-us Wed, 05 Oct 2016 14:48:05 +0530 Wed, 05 Oct 2016 14:48:05 +0530 TaxTMI RSS Generator Interest Disallowance u/s 40A(2)(b) for Related Parties: No Tax Advantage or Manipulation Found by Assessee. https://www.taxtmi.com/highlights?id=31558 Disallowanece of interest u/s 40A(2)(b) - related parties - the assessee as well as the relatives, to whom assessee has paid interest are being taxed higher rates, the entire exercise undertaken by the AO is neutral exercise - AT Highlights Income Tax Wed, 05 Oct 2016 14:48:05 +0530 https://www.taxtmi.com/highlights?id=31558