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Income Tax - Highlights / Catch Notes

Home Highlights February 2011 Year 2011 This

Net interest income (Rs. 2,93,83,36,422/-) on Govt. Securities / ...


Net Interest Income of Rs. 2.93 Billion from Government Securities and Deposits Taxed as Income from Other Sources.

February 18, 2011

Case Laws     Income Tax     AT

Net interest income (Rs. 2,93,83,36,422/-) on Govt. Securities / Inter company deposits / bank deposits etc. is taxable under income from other sources

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