Court Rules Interest on Bank Deposits Must Be Included in Taxable Income; Rejects Exclusion Argument by Assessee.

Interest income on Bank deposits - accrual of income - whether a hypothetical income and that the assessee is entitled to get the interest excluded from assessment? - It is not an hypothetical income - demand of tax confirmed - HC .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X