Case Law Details
Case Name : Oriental Enterprise Pvt Ltd Vs ACIT (ITAT Ahmedabad)
Appeal Number : ITA No(s)
Date of Judgement/Order : 661/Ahd/2023
Related Assessment Year : 27/08/2024
Courts :
All ITAT ITAT Ahmedabad
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
Oriental Enterprise Pvt Ltd Vs ACIT (ITAT Ahmedabad)
ITAT Ahmedabad held that disallowance u/s. 36(1)(iii) of the Income Tax Act unjustified as interest-free funds exceeds loan to the subsidiary and loan was advanced for commercial expediency.
Facts- The assessee-company was engaged in the business of manufacturi
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
Author Bio
