Taxation of a co-op.housing soc.
This query is : Resolved
shankarlal singh
(Querist)
09 March 2014
Please let me know whether soc. expenses are deductible against interest on FD with SBI. in computing the Income of a Soc.
Thanks and oblige
Shankarlal Singh
Thanks and oblige
Shankarlal Singh
Nikhil Kaushik
(Expert)
09 March 2014
depends on whether you can argue that the society expenses incurred where in order to earn that income from FD. a difficult argument to make..isnt it?
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