- 2262 Views
- 16 Oct 2021
- FCS Deepak P. Singh
- Income Tax, Accounts, Supreme Court , Finance, Updates, Knowledge, Compliance,
Dear Friends, We are going to analyse a problem in which a company has paid upfront interest on option exercised by debentures holders and claim whole payment as expenditure in same previous year. But the AO has disallowed the same and spread the expenditure over a period of five years due to different treatment given in the books of accounts of assessee. PROBLEM: M/s. ABC Ltd., has issued......