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Prepayment charges on home loans are deductible as ‘interest’ under Sec. 24(b): Mumbai ITAT

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  • Prepayment charges on home loans are deductible as ‘interest’ under Sec. 24(b): Mumbai ITAT
Posted onon November 4, 2016

tenet-tax-daily-august-23-2016

By tenettax-team
Corporate Tax

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Both employees and employer’s contribution covered under Sec. 43B: Patna HC
Exp. incurred by Tamil Nadu Tourism Corporation to maintain ‘Thiruvalluvar Statue’ is revenue exp.

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