INTEREST PAID BY HUF TO COPARCNERS
This query is : Resolved
13 September 2007
A HUF RUNNING A BUSINESS,HAS ACCEPTED LOAN FROM ITS MEMBERS AND PROVIDING INTEREST ALSO, WHETHER THE INTT PAID IS ALLOWABLE. REF.245ITR2 CITVGOPAL BANMSILAL INANI(SC)
16 September 2007
Yes
19 November 2007
I AGREE
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