https://www.taxtmi.com/highlights?id=42104 Netting off of interest interest income - The source of interest earning remained intact. In doing so, the assessee had to incur interest expenditure on overdraft. The source of income and application of income is same, i.e. FD. - netting off of interest has to be allowed to the assessee en-us Wed, 17 Oct 2018 07:43:33 +0530 Wed, 17 Oct 2018 07:43:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=42104 Netting off of interest interest income - The source of interest earning remained intact. In doing so, the assessee had to incur interest expenditure on overdraft. The source of income and application of income is same, i.e. FD. - netting off of interest has to be allowed to the assessee Highlights Income Tax Wed, 17 Oct 2018 07:43:33 +0530 https://www.taxtmi.com/highlights?id=42104