TMI BlogNetting off of the interest income against interest expenditure - assessee has deposited the funds which...Netting off of the interest income against interest expenditure - assessee has deposited the funds which were not immediately required for the assessee’s business and as and when required, they were immediately withdrawn and used for business purposes. - AO directed to allow the netting off of the interest income against interest expenditure - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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