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![Interest Paid on Share Application Money is allowable as Business Expenditure: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/06/Sale-of-Shares-Tax-Scan.jpg "Interest Paid on Share Application Money is allowable as Business Expenditure: ITAT [Read Order]")
Interest Paid on Share Application Money is allowable as Business Expenditure: ITAT [Read Order]
The Delhi Bench of the Income Tax Appellate Tribunal ruled that interest paid on share application is allowable as Business Expenditure. The grounds...
![Compensation paid to Buyers of Flats is Deductible as Business Expenditure of the Developer: ITAT Pune [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/10/ITAT-Ahmedabad.jpg "Compensation paid to Buyers of Flats is Deductible as Business Expenditure of the Developer: ITAT Pune [Read Order]")