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Income Tax - Highlights / Catch Notes

Home Highlights August 2018 Year 2018 This

In case of interest income earned by an assessee, only the ...

Case Laws     Income Tax

August 23, 2018

In case of interest income earned by an assessee, only the expenditure (not being in the nature of a capital expenditure) laid out or expended wholly and exclusively for the purpose of making or earning such income is to be allowed as a deduction under Sec. 57(iii)

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