Sandeep Kanoi's C. A. SANDEEP KANOI

A blog for chartered accountants & other account
professionals provide info and updates on indian legal law,
taxation matters, accounting and finace matters.

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  • Updated 1 Year Ago

Disallowance U/s. 36(1)(iii) justified for Interest-free loan to sister concern without commercial expediency

Updated 1 Year Ago

M/s C.R. Auluck & Sons Pvt. Ltd. Vs ACIT (ITAT Chandigarh) Assessee has failed to establish its case of commercial expediency.  The intention of assessee i
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