09-07-2010, 05:09 PM
151. Profit on debt. â
[(3) <font color="red">Tax deducted under this section shall be a final tax on the profit on
debt arising to a taxpayer other than a company from transactions referred to in
clauses (a), (b) and (d) of sub-section (1).]</font id="red">
as per this section i think we can't adjust this in our ITR coz this tax is consider as "FINAL TAX"
right
[(3) <font color="red">Tax deducted under this section shall be a final tax on the profit on
debt arising to a taxpayer other than a company from transactions referred to in
clauses (a), (b) and (d) of sub-section (1).]</font id="red">
as per this section i think we can't adjust this in our ITR coz this tax is consider as "FINAL TAX"
right
