6 December 2021


News

ITAT, Kolkata: Disallowance of Deduction of Interest Income Should be Restricted to Net Interest - 08.05.2020

Income Tax Appellate Tribunal (ITAT), Kolkata has held that disallowance of deduction under Section 80IB(10) of the Income Tax Act, 1961 in respect of interest income should be restricted to net interest and not gross interest.

Tags : Income Tax Appellate Tribunal Disallowance of Deduction of Interest Income

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