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Income Tax - Highlights / Catch Notes

Home Highlights January 2015 Year 2015 This

Interest paid on borrowed capital utilized for construction of ...

Case Laws     Income Tax

January 31, 2015

Interest paid on borrowed capital utilized for construction of house property - interest payable to sundry creditors, who supplied material for construction of the property, is an allowable deduction u/s 24(b). - AT

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