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Income Tax - Highlights / Catch Notes

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Deduction u/s 80-IB – interest earned by him on FDRs kept as ...


Interest on FDRs as Electricity Department Guarantee Not Deductible u/s 80-IB of Income Tax Act.

January 9, 2013

Case Laws     Income Tax     HC

Deduction u/s 80-IB – interest earned by him on FDRs kept as guarantee with Electricity Department - cannot be computed for deduction u/s 80-IB - HC

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