43B on Interest payable to NBFC ?

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97 Points Posted on 25 February 2017
Is interest payable to NBFC covered by section 43B of Income Tax Act?
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On 25 February 2017 at 16:13 Report
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YES INTEREST PAID TO NBFC IS COVERED UNDER INCOME TAX

BUT TDS IS APPLICABLE FOR THIS INTEREST AND YOU SHOULD HAVE 

LOAN STATEMENT FOR THAT PARIOD .  

 

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On 25 February 2017 at 22:24

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