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Interest disallowed as sum advanced by builder for acquisition of property wasn’t utilized by AE for said purpose
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Corporate Tax
Interest disallowed as sum advanced by builder for acquisition of property wasn’t utilized by AE for said purpose
Posted on
on
December 15, 2015
Tenet Tax Daily December 12 2015
By
tenettax-team
Corporate Tax
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No cessation of liability under sec. 41(1) just because liability was more than 7 years old
Payment of hoarding charges are liable to sec. 194C TDS and not sec. 194-I TDS