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Sec. 36(1)(iii) and principle of commercial expediency
Posted by C.A. Mohit Mittal
24 December 2014
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Section 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
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