https://www.taxtmi.com/acts?id=10852 Deduction applies to interest on bonds included in gross total income from ordinary sources where the bonds are issued by a local authority or a State Pooled Finance Entity and notified by the Central Government; the deductible amount is gross interest less expenses incurred in earning that interest, with such expenses determined by the method prescribed under clause (a) of sub-section (1) of section 17. en-us Thu, 20 Aug 2009 12:27:56 +0530 Thu, 20 Aug 2009 12:27:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10852 Deduction applies to interest on bonds included in gross total income from ordinary sources where the bonds are issued by a local authority or a State Pooled Finance Entity and notified by the Central Government; the deductible amount is gross interest less expenses incurred in earning that interest, with such expenses determined by the method prescribed under clause (a) of sub-section (1) of section 17. Act-Rules Bills Thu, 20 Aug 2009 12:27:56 +0530 https://www.taxtmi.com/acts?id=10852