Netting off of the interest income against interest expenditure ...

Case Laws Income Tax

September 22, 2020

Netting off of the interest income against interest expenditure - assessee has deposited the funds which were not immediately required for the assessee’s business and as and when required, they were immediately withdrawn and used for business purposes. - AO directed to allow the netting off of the interest income against interest expenditure - AT

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Netting off of the interest income against interest expenditure ...

Case Laws Income Tax

September 22, 2020

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