Expenditure incurred for payment of foreclosure premium for restructuring loan and obtaining fresh loan at a lower rate of interest Vs Revisionary power of CIT u/s 263 Recently, an issue before Madras High Court was regarding the Revisionary power of CIT u/s 263 with respect to the expenditure incurred for payment of foreclosure premium…
The post Expenditure incurred for payment of foreclosure premium for restructuring loan and obtaining fresh loan at a lower rate of interest Vs Revisionary power of CIT u/s 263 appeared first on The Tax Talk.
