section 36(1)(iii)

  • Income Tax

Interest on loan for declaring dividend allowable deduction u/s 36(1)(iii) – High Court

Interest on loan for declaring dividend allowable deduction u/s 36(1)(iii) even in absence of profits/reserves and the treatment of such…

7 years ago
  • Income Tax

Availability of self owned interest free funds for disallowance u/s 36(1)(iii) can only be determined by examining the accounts

In a recent judgment, Amritsar has held that issue of availability of self owned interest free funds for making disallowance u/s…

8 years ago