Sec 234 a,b &c.
This query is : Resolved
07 August 2012
WHETHER INTEREST U/S 234 A,B&C IS ALLOWABLE EXPENDITURE OR NOT.PLZ CLARIFY ME.
THANKS IN ADVANCE.
THANKS IN ADVANCE.
07 August 2012
Not an allowable business expenditure.
Citation:- Orient General Inds Ltd Vs. CIT 209 ITR 490 (Cal).
Citation:- Orient General Inds Ltd Vs. CIT 209 ITR 490 (Cal).
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