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Income Tax - Highlights / Catch Notes

Home Highlights January 2021 Year 2021 This

Revision u/s 263 - deduction of interest expenditure against the ...

Income Tax

January 25, 2021

Revision u/s 263 - deduction of interest expenditure against the interest income - PCIT has rightly taken the view that the A.O had wrongly allowed the assessee’s claim for deduction of the interest paid on the loans against the interest received on the FDR’s- AT

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