Income Tax | Section 185 Exemption: Can an Object Clause Justify an Interest-Free Loan?
Can a software company claim the Section 185 ordinary-course lending exemption for an interest-free advance to a family-linked company? Sections 185 and 186 explained. The post Section 185 Exemption: Can an Object Clause Justify an Interest-Free Loan? appeared first on TaxGuru .
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Original credit: CS Divesh Goyal. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.
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