Addition on account of interest earned in surplus funds parked ...

Interest from Surplus Funds Not Added to Income, Deducted from Pre-Operative Expenses Instead.

October 22, 2018

Case Laws Income Tax AT

Addition on account of interest earned in surplus funds parked with banks - treating it as income from other sources OR to be treated as capital receipt and reduced from the cost of per-operative expenses accordingly - No additions.

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Addition on account of interest earned in surplus funds parked ...

Interest from Surplus Funds Not Added to Income, Deducted from Pre-Operative Expenses Instead.

October 22, 2018

Case Laws Income Tax AT

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