Payment of interest for delay in payment of agricultural income ...

Case Laws Income Tax

May 27, 2020

Payment of interest for delay in payment of agricultural income tax - the interest paid is having direct nexus with agricultural income which is exempt from tax u/s 10(1). Therefore, such payment of interest cannot be allowed u/s 36(1)(iii) also.

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Payment of interest for delay in payment of agricultural income ...

Case Laws Income Tax

May 27, 2020

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