Excess Interest from EOUs Must Be Deducted for Section 10B Income Tax Deduction if Income Exceeds Expenditure.

Excess Interest from EOUs Must Be Deducted for Section 10B Income Tax Deduction if Income Exceeds Expenditure. https://www.taxtmi.com/highlights?id=12709 EOU - If the interest expenditure is less or the interest income is more then the difference of excess interest received by the assessee is to be reduced while calculating the deduction under Section 10B. - AT en-us Sat, 18 May 2013 12:42:02 +0530 Sat, 18 May 2013 12:42:02 +0530 TaxTMI RSS Generator Excess Interest from EOUs Must Be Deducted for Section 10B Income Tax Deduction if Income Exceeds Expenditure. https://www.taxtmi.com/highlights?id=12709 EOU - If the interest expenditure is less or the interest income is more then the difference of excess interest received by the assessee is to be reduced while calculating the deduction under Section 10B. - AT Highlights Income Tax Sat, 18 May 2013 12:42:02 +0530 https://www.taxtmi.com/highlights?id=12709