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Income Tax - Highlights / Catch Notes

Home Highlights April 2014 Year 2014 This

Deletion of disallowance of interest – AO directed to bring the ...


Interest Earned from Diverted Funds to Family Accounts Taxed on Assessee; Interest Disallowance Removed.

April 26, 2014

Case Laws     Income Tax     AT

Deletion of disallowance of interest – AO directed to bring the interest earned, on diversion of fund from assessee's CC account to the SB accounts of family members, to tax in the hands of the assessee - AT

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