Deduction u/s 80-IB - netting off of interest - assessee has ...
Case Laws Income Tax
June 1, 2019
Deduction u/s 80-IB - netting off of interest - assessee has purchased the FDRs from the cash credit accounts on which it has paid interest which can proved from the statement of account issued by the Canara Bank and SBI, the interest earned on the FDRs is eligible to be set off from/against interest paid on cash credit account
View Source