income from other sources(plllllllsssssss help)
This query is : Resolved
22 July 2009
can we claim interest paid to others or interest paid to bank as expenses under head income from other sources.
22 July 2009
Yes, but you have to disclose also the income where this money has been invested on which you are paying interest.
22 July 2009
u have to show taxable income under IFOS for which such expenditure is incurred
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