An assessee has borrowed money for purchase of a house & Interest is p – McqOptions

MCQOPTIONS

1.	An assessee has borrowed money for purchase of a house & Interest is payable outside India. Such interest shall:
A.	Be allowed as deduction
B.	Not to be allowed on deduction
C.	Be allowed as deduction if the tax is deducted at source
D.	None of the above
Answer» D. None of the above

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