The assessee had made investment in FDRs with banks but the same ...

Tax Authority Allows Set-Off of Borrowing Interest Against Income from Unencashed Fixed Deposit Receipts.

May 3, 2017

Case Laws Income Tax AT

The assessee had made investment in FDRs with banks but the same were not encashed for several reasons while the assessee made borrowals from different concerns in order to make investment with various concerns - Set off of interest expenditure with interest income allowed - AT

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The assessee had made investment in FDRs with banks but the same ...

Tax Authority Allows Set-Off of Borrowing Interest Against Income from Unencashed Fixed Deposit Receipts.

May 3, 2017

Case Laws Income Tax AT

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