12 August 2024


News

SC: NBFC & Leasing Co. Not Liable to Pay Interest Tax on Installments Under Hire Purchase Agreement - 05.01.2023

Supreme Court has held that non-banking finance (NBFC) and leasing companies are not liable to pay tax on the interest component included in the hire-purchase installment paid under the hire purchase agreement.

Tags : Supreme Court Non-Banking Finance Hire Purchase Agreement

Share :