Wednesday, September 15, 2021

Pre-payment charges in nature of interest on money borrowed to be allowed as deduction: HC

INCOME TAX: One time payment made by assessee towards pre-payment premium and interest compense to banks for agreeing to reduce rate of interest on loan pursuant to corporate debt restructuring was business expenditure

from www.taxmann.com Latest Case Laws https://ift.tt/3CiPfzv
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