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Interest compensated as revenue-tax can not be set off against curiosity receivable/gained by the assessee under Portion 244A of the Act. Curiosity compensated is not an allowable deduction under Portion 37, and Until There's a provision by which earnings could be matter into a deduction, no deduction is permissible https://fernandowphhv.life3dblog.com/34964305/the-greatest-guide-to-online-case-solution

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