Amounts not deductible

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..... ,- ( i ) any personal expenses of the assessee ; 2 [ ( ia ) any expenditure of the nature referred to in sub-section (12) 3 of section 40A ; ] ( ii ) any interest chargeable under this Act which is payable outside India (not being interest on a loan issued for public subscription before the 1st day of April, 1938) on which tax has not been paid or deducted under Chapter XVII-B 4 [ .....

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..... or profession . ] 9 [ (3) In the case of an assessee, being a foreign company, the provisions of section 44D shall, so far as may be, apply in computing the income chargeable under the head Income from other sources as they apply in computing the income chargeable under the head Profits and gains of business or profession . ] 10 [ (4) In the case of an assessee having income charge .....

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..... -------------------------------- Notes :- 1 . Inserted by the Finance Act, 1968, w.e.f. 1-4-1968 and is deemed always to have been there vide section 3 of the Income-tax (Amendment) Act, 1972. 2. Inserted by the Finance Act, 1985, w.e.f. 1-4-1986. 3. Sub-section (12) of section 40A was omitted by the Finance Act, 1992, w.e.f. 1-4-1993. 4. and in respect of which there is .....

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