Taxability of interest income - appropriate head of income - to ...

Income Tax

June 1, 2023

Taxability of interest income - appropriate head of income - to be taxed as business income or income from other sources - Once the assessee itself admits that the amounts received by it on the FCCDs were in the nature of “Interest income”, then the same cannot be converted into “income from business” - AT

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Taxability of interest income - appropriate head of income - to ...

Income Tax

June 1, 2023

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