Sec 40A 2

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  1. Sunil Kansara

    Sunil Kansara New Member

    Hi
    I am individual and I received deposit from my HUF account. Interest on deposit and TDS charge on interest amount.
    But interest expenses is not reasonable and disallow as per Sec. 40 a 2.
    So interest expenses is allowed if TDS is made.
     
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