30 results for “disallowance”+ Section 35(1)(i)clear
Sorted by relevance
Key Topics
Showing 1–20 of 30 · Page 1 of 2
disallowed the said item on the ground that finance charges paid to COFACE on the foreign currency loan were in the nature of interest and commitment charges and since the charges have been paid in relation to the project of manufacturing phosphoric acid which did not commence production during the assessment year under consideration, the expenses incurred were capital