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Live : Union FM Nirmala Sitharaman Ji addressing press conference on Economic package

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Where the assesse has made the FDR out of borrowed funds, the interest on such FDRs cannot be added back by invoking the provisions of section 57(iii) of the Income Tax Act, 1961 – ITAT Delhi

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Circular 7/2024 – Income Tax || Extension of due date for filing of Form No. 10A/10AB under the Income tax act