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Monday, 27 September 2021

Daily digest for Gupta Chandan & Associates, on September 27, 2021

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posted: "FEMA, BANKING amp; INSURANCE: Charge of secured creditor would have priority over Government dues under Income Tax ActFEMA, BANKING amp; INSURANCE: Charge of secured creditor would have priority over Government dues under Income Tax Actwww.taxmann.com Lat"
posted: "INCOME TAX : Where Assessing Officer made disallowance of interest expenditure under section 36(1)(iii) on ground that assessee utilized borrowed capital for making investment in its foreign subsidiaries, since assessee's own funds were far in excess of s"

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