Articles by C.A. Mohit Mittal
View Full Profile
Sec. 36(1)(iii) and principle of commercial expediency
C.A. Mohit Mittal 24 December 2014 at 12:29Section 36(1)(iii)- Principle of Commercial expediency As per Sec 36(1)(iii), Deduction shall be allowed for The amount of interest paid in respect of capital borrowed for the purposes of business or professionFor the purpose of claim
Popular Articles
- Interest Computation Changes under GST (Effective from January 2026)
- TDS Rate Chart For Tax Year 2026-27: With Revised Section Codes in Challans
- Revised Return Due Date Extension
- Tax Deduction Rules for Employee Contributions From April 2026
- TDS and TCS: The New Shields and Arrows of the Taxpayer
- Tax Calculation Slabs For FY 2025-26 (AY 26-27)
- Comprehensive Guide to Statutory, Tax & Regulatory Compliances for Hotels
- Cheque Bounce Rules in India: What Changes in 2026 Mean for You
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani -
IDT LIVE Exam Oriented Batch | May 2026, Sept 2026 & Jan 2027
CA Arpita Tulsyan
CAclubindia
