32 results for “section 68”+ Section 36(1)(iii)clear
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36(1)(iii) r.w.s. 37(1) of the Act representing interest paid to Holding company on deposits received from it, which in turn advanced to subsidiary without the payment of interest (interest waived off). (2) disallowance of Audit fees/remuneration of ₹82,725/- u/s 37(1) of the Act being not related to business activities of the assessee