https://www.taxtmi.com/highlights?id=48569 Allowability of Interest on mobilization advance - amount was received for the execution of work contract - once the said amount was utilized for the execution of the contract work of the assessee joint venture then the interest paid on the mobilization advance is an allowable expenditure in the hand of the joint venture en-us Sat, 10 Aug 2019 06:47:11 +0530 Sat, 10 Aug 2019 06:47:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=48569 Allowability of Interest on mobilization advance - amount was received for the execution of work contract - once the said amount was utilized for the execution of the contract work of the assessee joint venture then the interest paid on the mobilization advance is an allowable expenditure in the hand of the joint venture Highlights Income Tax Sat, 10 Aug 2019 06:47:11 +0530 https://www.taxtmi.com/highlights?id=48569