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

Interest on FDRs as Electricity Department Guarantee Not Deductible u/s 80-IB of Income Tax Act. https://www.taxtmi.com/highlights?id=6432 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 en-us Wed, 09 Jan 2013 21:20:14 +0530 Wed, 09 Jan 2013 21:20:14 +0530 TaxTMI RSS Generator Interest on FDRs as Electricity Department Guarantee Not Deductible u/s 80-IB of Income Tax Act. https://www.taxtmi.com/highlights?id=6432 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 Highlights Income Tax Wed, 09 Jan 2013 21:20:14 +0530 https://www.taxtmi.com/highlights?id=6432