Net interest income (Rs. 2,93,83,36,422/-) on Govt. Securities /...
Net Interest Income of Rs. 2.93 Billion from Government Securities and Deposits Taxed as Income from Other Sources.
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Income TaxFebruary 18, 2011Case LawsAT
Net interest income (Rs. 2,93,83,36,422/-) on Govt. Securities / Inter company deposits / bank deposits etc. is taxable under income from other sources