Taxability of interest income from investment in Portfolio ...

Interest Income from Bank-Assured Portfolio Management Schemes Cannot Offset Capital Work in Progress or Pre-Operative Expenses.

March 10, 2014

Case Laws Income Tax HC

Taxability of interest income from investment in Portfolio Management Scheme under which the banks gave an assured earning guarantee. - interest income cannot be permitted to be adjusted against the capital work in progress or the pre-operative expenses - HC

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Taxability of interest income from investment in Portfolio ...

Interest Income from Bank-Assured Portfolio Management Schemes Cannot Offset Capital Work in Progress or Pre-Operative Expenses.

March 10, 2014

Case Laws Income Tax HC

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