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Income Tax - Highlights / Catch Notes

Home Highlights November 2013 Year 2013 This

Whether interest received from the debtors or customers on ...


Interest on Delayed Payments Qualifies for Deductions u/s 80HH and 80I, High Court Confirms.

November 16, 2013

Case Laws     Income Tax     HC

Whether interest received from the debtors or customers on delayed payment was income derived from the Industrial Undertaking and Deduction under Section 80HH and 80I - Held yes - HC

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