16 June 2014
payment of interest on trading liabilities is not covered under definition of Interest under section 2(28A). please refer judgment of Ahemdabad bench of ITAT in ITO v. Parag Mahasukhlal Shah [2011] 46 SOT 302
16 June 2014
payment of interest on trading liabilities is not covered under definition of Interest under section 2(28A). please refer judgment of Ahemdabad bench of ITAT in ITO v. Parag Mahasukhlal Shah [2011] 46 SOT 302