Should interest received by an FD be netted off with interest paid if a company is eligible for deduction u/s 80IC?


Last updated: 17 September 2021

Court :
ITAT Kolkatta

Brief :
This is an appeal preferred by the assessee against the order of the Ld. CIT(A)-16, Kolkata dated 25.04.2019 for AY 2013-14 .

Citation :
I.T.A. No. 1883/Kol/2019

You have reached daily limit of 2 Free Judgements. To view this or other Judgements please subscribe to CCI PRO :

GST Plus

Stay updated! Stay ads free

Browse CAclubindia ads free.
Latest updates on WA.
Daily E-Newsletter and much more.

CCI PRO annual subscription :

Original Price : INR 2999/-

Offer Price : INR 1999/-

Duration : 1 year
(Prices Inclusive of GST)


Know More

Note: If you are a PRO member already, please click here to login (for ad free experience)
 

CCI Pro

Comments

CAclubindia's WhatsApp Groups Link


CCI Pro
Meet our CAclubindia PRO Members


Follow us