A two-judge bench of the Gujarat High Court has recently held that even if the assessee-Company is not a financial company as per its Memorandum of understanding, it can be subjected to interest tax under the Interest Tax Act for the interest earned by it. Before the High Court, the assessee contended that its main […]
The post Interest Tax leviable even if Company’s Main Object is not Finance: Gujarat HC [Read Judgment] appeared first on Taxscan | Simplifying Tax Laws.
from Taxscan | Simplifying Tax Laws https://ift.tt/3dWbr6Z
No comments:
Post a Comment