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![Interest paid to earn Interest is Allowable Deduction: Delhi HC [Read Judgment] Interest paid to earn Interest is Allowable Deduction: Delhi HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Taxscan-1.jpg)
Interest paid to earn Interest is Allowable Deduction: Delhi HC [Read Judgment]
A two-judge bench of the Delhi High Court has held that deduction under section 57 of the Income Tax Act is allowable for payment of interest to earn...