Daily digest for Gupta Chandan & Associates, on July 5, 2021

posted: "INCOME TAX : Where loan to foreign company was granted by Rabobank London from funds in its balance sheet and after borrowings from market and in syndication with other members and no part of loan was funded by assessee or any entity acting on behalf of a" New post on Gupta Chandan & Associates TPO cannot decide whether expenses incurred by assessee were necessary or not for business: ITAT INCOME TAX : Where loan to foreign company was granted by Rabobank London from funds in its balance sheet and after borrowings from market and in syndication with other members and no part of loan was funded by assessee or any entity acting on behalf of assessee which showed that assessee was only instrumental in […] Read more of this post July 5, 2021 at 12:00 am | Categories: Latest Case Laws, News | URL: https://wp.me/pcenIR-1qe Comment    See all comments Unsubscribe to no longer receive posts from Gupta Chandan & Associates. Change your email settings at Manage Subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://www.guptachandanassociates.com/news/tpo-cannot-decide-whether-expenses-incurred-by-assessee-were-necessary-or-not-for-business-itat/