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Interest paid by stock-broker was deductible under sec. 57 as borrowings were utilized for deposits with NSE
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Corporate Tax
Interest paid by stock-broker was deductible under sec. 57 as borrowings were utilized for deposits with NSE
Posted on
on
December 2, 2016
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By
tenettax-team
Corporate Tax
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Disclosure of additional income during settlement didn’t show that initial offer wasn’t true: HC
Loaders, water tankers eligible for 30% depreciation if used in business of transportation of goods on hire