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Income Tax - Highlights / Catch Notes

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Correct head of income - interest income on FD - Income From ...

Case Laws     Income Tax

October 12, 2022

Correct head of income - interest income on FD - Income From Other Sources v/s income from business - The said interest income has been earned by the assessee in the course of its business and also to raise funds for running the said business, hence, the said interest income is linked to the business activities of the assessee.- AT

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