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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Income from house property - Deduction of Interest paid on ...


Interest on Tenant Deposits Used to Repay Loans is Deductible Under Income from House Property Rules.

April 18, 2015

Case Laws     Income Tax     AT

Income from house property - Deduction of Interest paid on security deposit received from the tenants - these interest bearing deposits has been utilized for repayment of borrowed capital - deduction allowed - AT

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