Hey,
I have income in other sources and I took set off of interest paid from it and showed it as negative IOS. Is it correct. Is their any case law approving the same. Can ITO disallow it saying it should be setoff against PGBP and not IOS.
Thank You.
YOU CAN DO THAT,
agreed with CA Navin Jain
CA Suraj Garg & Associates
New Delhi
CA Final
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Chirag P Shah & Co. Chartered Accountant
Pune
B.Com
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KK & Company Chartered Accountant
Pune
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CCI
Pro
CAclubindia
