Articles by C.A. Mohit Mittal

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Sec. 36(1)(iii) and principle of commercial expediency

Posted by C.A. Mohit Mittal 24 December 2014 46131 Views

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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