disallowance u/s 36(1)(iii)

  • Income Tax

No disallowance for interest paid on capital work in progress if sufficient interest-free funds available

No disallowance for interest paid on capital work in progress u/s 36(1)(iii) where sufficient interest-free funds available, presumption is that…

5 years ago
  • Income Tax

No disallowance u/s 36(1)(iii) can be made for cash-in-hand over certain time unless shown that it was utilized for undisclosed purpose- ITAT

No disallowance u/s 36(1)(iii) can be made for cash-in-hand over the certain period of time unless cogent material is brought…

6 years ago
  • Income Tax

Interest free loan to subsidiary-disallowance for commercial expediency not relevant if advances given out of interest free funds – Punjab & Haryana HC

Interest free loan to subsidiary-disallowance for commercial expediency not relevant if advances given out of interest free funds - Punjab…

7 years ago