Section 14A Notional Interest Rule Deemed Inapplicable for Loans Used as Capital in Partnerships.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Dis-allowance u/s 14A of notional interest paid on loan taken for capital contribution in partnership firm - partnership firm - provisions of section 14A are not applicable in the present case - AT....