Taxability of interest income from short term fixed deposits - ...

Interest from Short-Term Fixed Deposits for Project Funds Classified as Business Income for Assessee.

August 18, 2019

Case Laws Income Tax AT

Taxability of interest income from short term fixed deposits - funds were deposit in the bank for a short period for the purpose of utilizing the same in the project and raising the interest is clearly on account of business exigency - the interest income is business income of the assessee

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Taxability of interest income from short term fixed deposits - ...

Interest from Short-Term Fixed Deposits for Project Funds Classified as Business Income for Assessee.

August 18, 2019

Case Laws Income Tax AT

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