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Income Tax - Highlights / Catch Notes

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Deduction u/s. 80P - all expenses/losses attributable to such ...


Expenses Must Be Deducted Before Calculating Deduction-Eligible Interest Income u/s 80P(2)(d.

March 8, 2019

Case Laws     Income Tax     AT

Deduction u/s. 80P - all expenses/losses attributable to such interest income are required to be necessarily deducted and only resultant interest income is eligible for deduction under S. 80P(2)(d)

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