https://www.taxtmi.com/highlights?id=43971 Disallowance in respect of waiver of interest on Government of India Loan - guarantee fee of LIC, u/s 41(1) - the stand of the department in earlier years is that the same is covered u/s 43B and therefore not allowable - Therefore, addition on account of Section 41(1) does not sustain. en-us Sat, 19 Jan 2019 07:56:04 +0530 Sat, 19 Jan 2019 07:56:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=43971 Disallowance in respect of waiver of interest on Government of India Loan - guarantee fee of LIC, u/s 41(1) - the stand of the department in earlier years is that the same is covered u/s 43B and therefore not allowable - Therefore, addition on account of Section 41(1) does not sustain. Highlights Income Tax Sat, 19 Jan 2019 07:56:04 +0530 https://www.taxtmi.com/highlights?id=43971