Taxability of interest income - The interest income earned by ...

Interest Income from Fixed Deposits Treated as Capital, Can Offset Pre-Commencement Expenses for Year.

December 4, 2017

Case Laws Income Tax AT

Taxability of interest income - The interest income earned by assessee by depositing the share capital in Fixed Deposits under constraint are eligible to treat the income as capital in nature and allowed to set off against the precommencement expenses during the year. - AT

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Taxability of interest income - The interest income earned by ...

Interest Income from Fixed Deposits Treated as Capital, Can Offset Pre-Commencement Expenses for Year.

December 4, 2017

Case Laws Income Tax AT

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