Deduction U/S 57 - The claim of the assessee cannot be thrown ...
Taxpayer's Claim u/s 57 Cannot Be Dismissed Without Evidence Against FDR and OD Interest Connection.
February 3, 2016
Case Laws Income Tax AT
Deduction U/S 57 - The claim of the assessee cannot be thrown into the dustbin on the basis of conjectures and surmises that the agreement does not prove any nexus between the interest income earned form FDR and interest paid on OD account claimed u/s 57 of the Act without declaring the agreement as false and frivolous document. - AT
View Source