ITAT: Interest-bearing Unsecured Loans Are Allowable As Income Tax Deduction U/S 57(iii) - 31.05.2022

Income Tax Appellate Tribunal, Raipur observed that interest-bearing unsecured loans are allowable as deduction under Section 57(iii) of Income Tax Act, 1961.

Tags : Income Tax Appellate Tribunal unsecured loans deduction

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