24 August 2014
Sir, A company whose Nature of Business is Film Production have no business in the F.Y 13-14 (No Income),but it has Expenditure i.e Interest on Loans taken by the company.Now,my Query is whether that company is Liable to allow such Finance Costs as allowable Expenditure in this F.Y 13-14 even if there is no business
CAclubindia
