Addition on account of interest income - The interest income ...
Interest Income Diverted at Source Not Taxable to Assessee; Belongs to Government of Gujarat Instead.
July 4, 2015
Case Laws Income Tax AT
Addition on account of interest income - The interest income was diverted at source. It was not assessable in its hands. So the income did not belong to the assessee, but that was of the Govt. of Gujrat, and therefore, it cannot be taxed in the hands of the assessee - AT
View Source