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Income Tax - Highlights / Catch Notes

Home Highlights January 2020 Year 2020 This

Correct head of income - interest income on fixed deposits in ...

Case Laws     Income Tax

January 30, 2020

Correct head of income - interest income on fixed deposits in Banks - assessee is under the process of setting up of infrastructure facility of Expressway - The assessee reduced the interest from its work-in- progress - so the interest earned could not be treated as income from other sources.

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