14 December 2021
Sir, It assessee cash loans from different creditors each one rs:19,000/-* 10 members total rs:1,90,000/- received in f.y.21-22 . if cash loans repayment rs:19,000/- *10 members total rs:1,90,000/- to creditors f.y.21-22.interest not pay principal amount only. Question: Assessee interest amount pay compulsory or not.
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