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Micro,Small and Medium Entp Act, 2006

This query is : Resolved 
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(Querist)
19 August 2009 As per new 3 cd report clause 17A interest is inadmissible, my query is such interest is inadmissible in the hands of MSM Entp. or the other entity paying interest ?
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Jitender

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Jitender (Expert)
19 August 2009 the person by whom it is being paid, is not allowable to him.

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