Wednesday, 10 July 2013

UNDERSTANDING TAX DEDUCTED AT SOURCE WITH LATEST CASE LAWS: PART - II

To Read the complete article, click the link below.

http://taxbymanish.blogspot.in/2011/10/understanding-tax-deducted-at-source.html

 

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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...