Deemed income u/s 56 - interest awarded as a part of enhanced ...

Case Laws Income Tax

June 7, 2016

Deemed income u/s 56 - interest awarded as a part of enhanced accident compensation - To suggest that since an item is listed under section 56(2), even without there being anything to show that it is of income nature, it can be brought to tax is like putting the cart before the horse - AT

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Deemed income u/s 56 - interest awarded as a part of enhanced ...

Case Laws Income Tax

June 7, 2016

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