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Income Tax - Highlights / Catch Notes

Home Highlights May 2013 Year 2013 This

Prepayment charges paid to HDFC Limited for closure of loan ...


Prepayment Charges for Loan Closing Allowed as Deduction u/s 24 of the Income Tax Act.

May 17, 2013

Case Laws     Income Tax     AT

Prepayment charges paid to HDFC Limited for closure of loan taken for the purpose of acquisition of the premises - whether allowable u/s 24 - Held Yes - AT

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