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Income Tax - Highlights / Catch Notes

Home Highlights June 2018 Year 2018 This

Interest income earned on bank deposits - Income made out of ...

Case Laws     Income Tax

June 28, 2018

Interest income earned on bank deposits - Income made out of share capital received from the Reserve Bank of India - to be taxed as “Income from Other Sources” - or to be reduced from the capital cost of the project - HC dismissed the revenue appeal.

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