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Loan processing charges

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(Querist)
29 January 2015 Whether loan processing charges are allowable exp . or not . .pls support ans with recent judgement , notification or case law . ..thanks in advance
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
29 January 2015 Loan processing charges are allowable expenses.
See the link.
http://indiankanoon.org/docfragment/179985/?formInput=%22loan%20processing%22%20charges

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