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Income Tax - Highlights / Catch Notes

Home Highlights November 2018 Year 2018 This

Exemption of interest income u/s. 10(15)(iv) - Interest earned ...


Interest Income from IIFCL Bonds Exempt u/s 10(15)(iv) of Income Tax Act; Consistency Principle Applies.

November 17, 2018

Case Laws     Income Tax     AT

Exemption of interest income u/s. 10(15)(iv) - Interest earned on bonds issued by IIFCL - principle of consistency is applicable in the instant case - benefit of exemption allowed.

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