Monday, June 11, 2018

ITAT ruling that taxability of interest earned from REC depends upon its subsequent use requires no interference

IT : Taxability of interest income on deposit of advances received from REC Ltd. for Rajiv Gandhi Gramin Vidyutikaran Yojana would depend upon subsequent use of interest income

from www.taxmann.com Latest Case Laws https://ift.tt/2y2Q0QS
-
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...