Interest income - Addition u/s 56 - The action of the CIT(A) ...

Case Laws Income Tax

January 23, 2019

Interest income - Addition u/s 56 - The action of the CIT(A) confirmed, in upholding the action of AO to reduce interest income arising from deposits placed with SBI out of project development expenditure and in reversing the action of the AO in treating the same as revenue income de hors the projects development in progress.

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Interest income - Addition u/s 56 - The action of the CIT(A) ...

Case Laws Income Tax

January 23, 2019

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