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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Deduction under Section 43B - Either the interest amount has to ...


Court Rules on Interest Deductions u/s 43B: Ensure Consistent Treatment in Tax Assessments.

April 29, 2015

Case Laws     Income Tax     HC

Deduction under Section 43B - Either the interest amount has to be allowed for deduction under Section 43B or the sum offered for tax (as waived by the Bank) has to be reduced by the amount of interest paid. - HC

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