Interest received from the bank was income in assessee's hands - ...
Interest Earned from Bank Deposits is Taxable Income; Loan Interest Payments Don't Offset This Income.
December 1, 2017
Case Laws Income Tax HC
Interest received from the bank was income in assessee's hands - amount paid by the assessee as interest on the loan that he took from the bank did not reduce his income by way of interest on the fixed deposit by him in the bank - HC
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