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Income Tax - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Interest accruing on FDRs treated as income from other sources - ...

Case Laws     Income Tax

March 28, 2016

Interest accruing on FDRs treated as income from other sources - since the assessee is not having any other source of income de horse this business undertaking which was not set up, interest income earned by the assessee till 31/03/2011 cannot be brought to tax - to be reduced from the cost of project - AT

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