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Income Tax - Highlights / Catch Notes

Home Highlights April 2018 Year 2018 This

Accrual of interest - diversion by overriding title - transfer ...

Case Laws     Income Tax

April 28, 2018

Accrual of interest - diversion by overriding title - transfer of income - additional interest income belongs to the assessee or not - assessee had acted only as a broker and could not claim any ownership on the sum payable to the PSUs - the said sum cannot be termed as the income of the Respondent. - SC

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