Addition on account of interest expense claimed against the ...

Interest Expense Deductible Against Interest Income u/s 57(iii) of Income Tax Act.

December 11, 2017

Case Laws Income Tax AT

Addition on account of interest expense claimed against the interest income - As the interest bearing fund has been advanced by the assessee to the parties to earn interest then in our considered view the interest paid qua to the interest income was very much eligible for deduction u/s 57(iii) of the Act - AT

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Addition on account of interest expense claimed against the ...

Interest Expense Deductible Against Interest Income u/s 57(iii) of Income Tax Act.

December 11, 2017

Case Laws Income Tax AT

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