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Interest on borrowed capital

This query is : Resolved 
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(Querist)
08 June 2013 i have deduct my interest on borrowed capital as expenses in my income after that i received my net profit.
but after that i can deduct it in my computation???
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
14 June 2013 No. expenses can be claimed in net profit only

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