'Front End Fees' paid by assessee while obtaining loan to be amortised under section 35D

INCOME TAX : Where assessee at time of obtaining new loan, had to pay certain 'front end fee' to bank, since said amount constituted interest inability of assessee spread over a period of time, assessee was entitled to amortise same under section 35D

from www.taxmann.com Latest Case Laws https://ift.tt/2SRTe2A