Section 57 deduction under other sources
This query is : Resolved
pankaj shah
(Querist)
13 June 2014
Interest of rs 10000 paid on money borrowed for purchasing shares to be held as investment. Query is that such type of Amount Allowed or not while Computing income from other sources.
plz give yur answer with reasons.
plz give yur answer with reasons.
Nikhil Kaushik
(Expert)
13 June 2014
dont think so friend. share investment is covered under capital gains and not under income from other sources.
13 June 2014
the ans is no.......................................
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