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Reduction of FDR interest from pre-operative expenses, Income Tax |
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Reduction of FDR interest from pre-operative expenses |
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CAN FDR INTEREST PURCHASED FOR BANK GURANTEE BE REDUCE FROM PREOPERATIVE EXPENSES OF SAME PERIOD. Posts / Replies Showing Replies 1 to 2 of 2 Records Page: 1
The answer to this issue is dependent upon the the decision of nature of FDR. I think the following decision would help to determine your issue: 2008 -TMI - 31404 - RAJASTHAN HIGH COURT
see my articles on subject of income during construction period or prior to commencement of business on this website.
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