12 August 2024


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Cal. HC: Interest Paid on Cash Loan Falls Within the Ambit of Unexplained Expenditure - 01.09.2023

Calcutta High Court has held that payment of interest on a cash loan falls within the ambit of unexplained expenditure within the meaning of Section 69C of the Income Tax Act.

Tags : Calcutta High Court Unexplained Expenditure Cash Loan

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