<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Interest Earned from Bank Deposits is Taxable Income; Loan Interest Payments Don&#039;t Offset This Income.</title>
    <link>https://www.taxtmi.com/highlights?id=37025</link>
    <description>Interest received from the bank was income in assessee&#039;s hands - amount paid by the assessee as interest on the loan that he took from the bank did not reduce his income by way of interest on the fixed deposit by him in the bank - HC</description>
    <language>en-us</language>
    <pubDate>Fri, 01 Dec 2017 08:34:18 +0530</pubDate>
    <lastBuildDate>Fri, 01 Dec 2017 08:34:18 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=498300" rel="self" type="application/rss+xml"/>
    <item>
      <title>Interest Earned from Bank Deposits is Taxable Income; Loan Interest Payments Don&#039;t Offset This Income.</title>
      <link>https://www.taxtmi.com/highlights?id=37025</link>
      <description>Interest received from the bank was income in assessee&#039;s hands - amount paid by the assessee as interest on the loan that he took from the bank did not reduce his income by way of interest on the fixed deposit by him in the bank - HC</description>
      <category>Highlights</category>
      <law>Income Tax</law>
      <pubDate>Fri, 01 Dec 2017 08:34:18 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=37025</guid>
    </item>
  </channel>
</rss>