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Income Tax - Highlights / Catch Notes

Home Highlights July 2015 Year 2015 This

Addition on account of interest income - The interest income ...

Case Laws     Income Tax

July 4, 2015

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

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