Judgements by TARANDEEP SINGH BHATIA

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Supreme Court approves deduction of interest paid via debentures for tax calculation under Sec 43B of Income Tax Act

  TARANDEEP SINGH BHATIA    20 August 2021 at 09:33

The judgment could pave the way for corporates under stress in the current environment to restructure their interest payment as debentures or other instruments, and deduct the same for income tax purposes. This is provided the lender recognises such

Posted in Income Tax |   233 Views



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