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Income Tax - Highlights / Catch Notes

Home Highlights September 2012 Year 2012 This

Business income or Income from other sources - Interest income ...


Interest Income on Foreign Currency Deposit: Business Income or Other Sources? Case Sent Back to ITAT for Review.

September 14, 2012

Case Laws     Income Tax     SC

Business income or Income from other sources - Interest income on Foreign Currency Deposit Account - Matter remitted back to ITAT to decide afresh after examining as done by the Madras High Court in the case of Menon Impex Private Limited [2002 (9) TMI 75]. - SC

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