Deduction of interest incurred on zero coupon bonds u/s ...
Interest on Zero Coupon Bonds Allowed as Deduction Under Income Tax Act Sections 36(1)(iii) and 57(iii.
December 24, 2019
Case Laws Income Tax AT
Deduction of interest incurred on zero coupon bonds u/s 36(1)(iii) OR u/s 57(iii) as claimed by the appellant - interest expenditure in respect of opening balance of amount advanced is to be allowed.
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