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Investment of borrowed funds in shares would not show that assessee was carrying on business of investment in shares
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Investment of borrowed funds in shares would not show that assessee was carrying on business of investment in shares
Posted on
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October 20, 2015
Tenet Tax Daily October 13 2015
By
tenettax-team
Corporate Tax
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Second proviso to section 40(a)(ia) has retrospective effect
Even payment made under oral contract would attract TDS under sec. 194C