Friday, 9 November 2012

INCOME TAX E FILING PORTAL GET NEW LOOK

The Income tax e filing portal now get a new look with nunber of new features which we will update you soon.

Click to see the new look of the portal

http://incometaxindiaefiling.gov.in/

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Interest on Foreign Currency Loan & Corresponding Forex Loss for Strategic Share Acquisition Held Deductible as Revenue Expenditure

  The tax treatment of interest on funds borrowed to acquire shares hinges on a single, crucial distinction: the   purpose   behind the acqu...