Use of OD will rule whether interest paid on OD can be claimed or note If OD used to create FD then interest on OD can be claimed as expenses against Income from FD.
Alok A Bhavsar
(CA Final Student)
(82 Points)
Replied 07 August 2014
Use of OD will rule whether interest paid on OD can be claimed or note If OD used to create FD then interest on OD can be claimed as expenses against Income from FD.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)