Taxability of Interest earned on funds - belong to the assessee ...
Interest on Subsidiaries' Shifting & Rehabilitation Fund Not Taxable for Assessee Company; Assets Not Owned by Assessee.
June 10, 2017
Case Laws Income Tax AT
Taxability of Interest earned on funds - belong to the assessee or not - amount / funds contributed by subsidiaries towards the shifting and rehabilitation fund - the assets generated from such money cannot be treated as assets of the assessee company - not taxable - AT
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