asked a query in Experts Section 54f

asked a query in Experts Section54 f

posted a new topic in forum Loan from nri friend-fema

Commented on in Articles Total interest is 4 crores of which interest on term loans is 3 cr 1cr is interest on overdraft. What will be the interest considered for calculation for disallowing interest under rule 8d for the a.y 11-12

Commented on in Articles Sir whether interest on paid on term loans will be considered in disallowing interest under rule 8d.please guide in this aspect regards vijay