Income Tax Treatment on Interest on House Building Advance
Interest on borrowed capital for House Building Advance would be on the basis of accrual of interest which would start running from the date of drawal of the advance.
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Interest on borrowed capital for House Building Advance would be on the basis of accrual of interest which would start running from the date of drawal of the advance.
An Act to validate certain notices, assessments and proceedings under the Bengal Agricultural Income-tax Act, 1944.