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ITAT upheld disallowance of interest exp. as assessee had no interest free funds to give interest free loan
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Corporate Tax
ITAT upheld disallowance of interest exp. as assessee had no interest free funds to give interest free loan
Posted on
on
October 17, 2017
Tenet Tax Daily October 17 2017
By
tenettax-team
Corporate Tax
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HC upheld penalty as assessee failed to prove that there was reasonable cause for not deducting TDS
ITAT allowed port exp. as it was agreed with buyer that port charges were to be borne by assessee