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![Notional Interest Income on Loan, would be assessable as Income of assessee having Business Connection/PE in India: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/notional-interest-income-assessee-loan-ITAT-Taxscan.jpg "Notional Interest Income on Loan, would be assessable as Income of assessee having Business Connection/PE in India: ITAT [Read Order]")
Notional Interest Income on Loan, would be assessable as Income of assessee having Business Connection/PE in India: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT), Mumbai held that the notional interest income on the loan (interest-free) that was advanced by the assessee...