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Income Tax | Interest on Borrowings for Real Estate Stock-in-Trade Deductible u/s 36(1)(iii): ITAT Mumbai
ITAT Mumbai held interest on borrowings for real estate stock-in-trade deductible u/s 36(1)(iii), subject to prohibition against double deduction. The post Interest on Borrowings for Real Estate Stock-in-Trade Deductible u/s 36(1)(iii): ITAT Mumbai appeared first on TaxGuru .
Attribution
Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.
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