Monday, 24 June 2013

New PAN Application Form 49AA for resident/non-resident Individual, LLP, Company, Firm, AOP, BOI

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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...