An assessee has borrowed money for purchase of house and interest is payable outside India. Such as interest shall ____________ | Faculties

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📊 Direct Tax

Q. An assessee has borrowed money for purchase of house and interest is payable outside India. Such as interest shall ____________

(A) Be allowed as deduction
(B) Not to be allowed as deduction
(C) Be allowed as deduction if the tax is deducted at source
(D) None of the above

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✅ Correct Answer: (C) Be allowed as deduction if the tax is deducted at source

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