TMI BlogAmounts not deductible in computing the Income From Other Sources - Section 58X X X X Extracts X X X X X X X X Extracts X X X X ..... owing payments shall not be deductible in computing the income chargeable under the head Income From Other Sources:- * Personal expense of the assessee * Interest paid outside India on which tax h ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the case of foreign companies, expenditure in respect of royalties and technical service fees as specified by section 44D is not deductible. * Income tax or wealth tax paid * Any expenditure or a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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