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No increase in ALV of property if interest-free loan was taken prior to tenancy
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Corporate Tax
No increase in ALV of property if interest-free loan was taken prior to tenancy
Posted on
on
September 29, 2017
Tenet Tax Daily September 30 2017
By
tenettax-team
Corporate Tax
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Sec. 264 revision couldn’t be allowed if recovery proceedings were initiated against assessee: HC
Receipt of interest on delay realisation of funds from foreign AE was a separate international transaction