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Income Tax - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

ITAT was not justified in holding that interest income earned on ...


ITAT Incorrectly Classifies Interest from Fixed Deposit as Project Cost Deduction Instead of Taxable Income.

September 14, 2017

Case Laws     Income Tax     HC

ITAT was not justified in holding that interest income earned on Fixed Deposit Receipt should be allowed to be reduced from the cost of project instead of tax as an income from other sources - HC

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