Assessment of the bank interest - Interest on fixed deposits in ...

Interest on Fixed Deposits for EPCG Scheme Bank Guarantees is Capital Receipt, Offset Against Project Cost, Not Taxable Income.

August 8, 2017

Case Laws Income Tax AT

Assessment of the bank interest - Interest on fixed deposits in providing bank Guarantee under EPCG scheme is in the nature of capital receipt and to be set off against project cost.

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Assessment of the bank interest - Interest on fixed deposits in ...

Interest on Fixed Deposits for EPCG Scheme Bank Guarantees is Capital Receipt, Offset Against Project Cost, Not Taxable Income.

August 8, 2017

Case Laws Income Tax AT

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