Accrual of income - interest income earned on the fixed deposit ...

Court Rules Assessee Didn't Own Fixed Deposit Interest; Addition by Assessing Officer Unsustainable for Both Years.

March 3, 2023

Case Laws Income Tax HC

Accrual of income - interest income earned on the fixed deposit - effect of overriding title - the Assessee never becomes the owner of money and as such the addition made by the AO was not sustainable in both the assessment years. - HC

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Accrual of income - interest income earned on the fixed deposit ...

Court Rules Assessee Didn't Own Fixed Deposit Interest; Addition by Assessing Officer Unsustainable for Both Years.

March 3, 2023

Case Laws Income Tax HC

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