Menu
section 36 and 57 of it act 1961
If A takes a loan of 190lac for business purposes but used the same for non business purposes and by lending the same generate interest income and showed the same u/s 56 of it act . where the assessee can claim deduction of interest expenses of the loan ???
Replies (1)
u/s. 57
Recent Topic
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
- Internal reconstuction
- IDS Refund – Annexure B & GSTR-3B Match,
- Can i should STCG and LTCG as business income ?
- Capital contribution in Firm
- Form 3CD – Clause 20(b) | ESI Contribution &
- Capital Gains on Dissolution of Partnership
- GST Payment through DRC-03 by cash against notice
- Schedule EI for ITR1
Related Topics
CAclubindia
