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Section 36(1)(iii) Disallowance on Group Loans Remanded

Case Law Details

Case Name : Reddy Housing Pvt. Ltd Vs ITO (ITAT Bangalore)
Related Assessment Year : 2016-17
Courts : All ITAT ITAT Bangalore
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Reddy Housing Pvt. Ltd Vs ITO (ITAT Bangalore)

Interest-Free Loans to Group Under Scanner Again — Bangalore ITAT Remands 36(1)(iii) & Deemed Dividend Issues in Reddy Housing Case

The Bangalore ITAT (B Bench) allowed the appeal of M/s Reddy Housing Pvt. Ltd. (AY 2016-17) for statistical purposes and remanded the matter to the AO for Please become a Premium member. If you are already a Premium member, login here to access the full content.

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Author Bio

Name: CA Vijayakumar Shetty
Qualification: CA in Practice
Company: Shetty & Co, Chartered Accountants, Mangalore
Location: Mangalore, Karnataka, India
Member Since: 17 Feb 2018 | Total Posts: 3552
CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

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