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![Direct Nexus between Interest Expenditure Claimed and Interest Income Earned Proved: ITAT Allows Deduction Against Expenditure on Income from Other Sources [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Direct-Nexus-between-Interest-Expenditure-Claimed-Interest-Income-Earned-Proved-ITAT-Allows-Deduction-Against-Expenditure-Income-Other-Sources-taxscan.jpg "Direct Nexus between Interest Expenditure Claimed and Interest Income Earned Proved: ITAT Allows Deduction Against Expenditure on Income from Other Sources [Read Order]")
Direct Nexus between Interest Expenditure Claimed and Interest Income Earned Proved: ITAT Allows Deduction Against Expenditure on 'Income from Other Sources ' [Read Order]
The Mumbai Bench of Income Tax Appellate Tribunal (ITAT) held that the interest expenditure claimed by the assessee is directly related to the...
![Interest Income earned from Investments with Treasuries and Banks Taxable as Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Income-Taxscan.jpg "Interest Income earned from Investments with Treasuries and Banks Taxable as Business Income: ITAT [Read Order]")