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Messages - mgargca

Dear Friend,

Is there is any decision in favour of assessee where netting of Interest is allowed  (as business income) while computing deduction u/s 80HHC in case of 100% exporter, recent decision, Pls

The assessee has  paid bank interest agt OD facility. FDR are made in firms name out of accumulated funds generated from export business in previous years.

CA M Garg