deduction us 57
Lalit Agrawal (59 Points)
05 March 2019
is there any deduction available on int on company deposit
1 Replies
Sahil Jain (FAFD, DISA, CA)
(Practicing Chartered Accountant )
(2476 Points)
Replied 06 March 2019
If you have incurred any expenditure wholly and exclusively for earning the interest on company deposit, only then you can claim that expenditure as deduction under sec 57.
Recent Topics
- GST ITC to Garment dealers.
- Eport of goods
- Stamp Duty On Transfer
- Advice on Investment of Retirement Corpus
- Nature of business activities under GST registrati
- Tally Vouchers Entry for Commission based services
- Regarding transfer of stock
- CBIC allowed ITC Available in Demo Car
- Final Course - Tricks to Pass
- Can we issue GST debit note in case mother invoice
Related Threads
Trending Online Classes
-
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)
Industry Expert04 February 2025
CAclubindia
