Tag Archives: IT APPEAL NO. 85 OF 2010

Interest Exp disallowed if Sales to sister concern and amount not realized : HC

By | May 17, 2020

Interest Exp disallowed if Sales to sister concern and amount not realized : HC However, in the instant case, the Assessing Authority, by an order dated 31-3-2000 has held that the assessee mainly supplies its finished products to its sister concern namely M/s. Canara Wood and Plywood Pvt. Ltd. Mangalore, which is engaged in the… Read More »