Curiosity compensated as money-tax can't be established off against fascination receivable/obtained with the assessee beneath Portion 244A on the Act. Desire compensated isn't an allowable deduction below Section 37, and Except there is a provision by which profits might be subject matter to a deduction, no deduction is permissible https://ricardogebik.liberty-blog.com/36250455/5-essential-elements-for-help-with-case-study