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Section 43B

This query is : Resolved 

28 January 2020 Will Loan from Government be treated as Loan from Public financial Institution? Also if interest on such Government Loan, if pending repayment, be disallowed under Section 43B of Income Tax Act?

29 January 2020 You had taken loan from any institution (govt institution).
There are many Public Financial Institutions like.IFCI, SIDBI, RECL, IDFC, etc.
than disallowed



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