<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>ITAT Mistakenly Allows Interest Expenditure Despite No Direct Interest Earned by Firms Through Partner Investments.</title>
    <link>https://www.taxtmi.com/highlights?id=43119</link>
    <description>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.</description>
    <language>en-us</language>
    <pubDate>Thu, 06 Dec 2018 10:10:16 +0530</pubDate>
    <lastBuildDate>Thu, 06 Dec 2018 10:10:16 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=545814" rel="self" type="application/rss+xml"/>
    <item>
      <title>ITAT Mistakenly Allows Interest Expenditure Despite No Direct Interest Earned by Firms Through Partner Investments.</title>
      <link>https://www.taxtmi.com/highlights?id=43119</link>
      <description>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.</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Thu, 06 Dec 2018 10:10:16 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=43119</guid>
    </item>
  </channel>
</rss>