Whether AO ought to have reduced not the gross interest income ...

Income Tax

February 24, 2016

Whether AO ought to have reduced not the gross interest income but the net interest income for qualifying the profits of the business for determining the eligible deduction u/ 10AA - As the DRP has not decided this issue and the final assessment order is only for implementing the direction of the DRP u/s 144C(13), the assessee cannot raise this issue at this stage - AT

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Whether AO ought to have reduced not the gross interest income ...

Income Tax

February 24, 2016

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