Interest Paid on Bank Loans for FDRs is Deductible Against Interest Income u/s 57(iii.

Interest Paid on Bank Loans for FDRs is Deductible Against Interest Income u/s 57(iii. https://www.taxtmi.com/highlights?id=26810 Interest paid to ICICI and IDBI band on funds utilized to make the impugned FDRs is an allowable deduction under section 57(iii) against the interest income on such FDRs - HC en-us Wed, 06 Jan 2016 12:45:22 +0530 Wed, 06 Jan 2016 12:45:22 +0530 TaxTMI RSS Generator Interest Paid on Bank Loans for FDRs is Deductible Against Interest Income u/s 57(iii. https://www.taxtmi.com/highlights?id=26810 Interest paid to ICICI and IDBI band on funds utilized to make the impugned FDRs is an allowable deduction under section 57(iii) against the interest income on such FDRs - HC Highlights Income Tax Wed, 06 Jan 2016 12:45:22 +0530 https://www.taxtmi.com/highlights?id=26810