The assessee has collected the funds from the public/depositors, ...

Funds Collected from Public Considered Capital for Income Generation Purposes Under Tax Rules.

January 30, 2014

Case Laws Income Tax HC

The assessee has collected the funds from the public/depositors, who have deposited the money to earn interest - This amount is capital which will be utilized to earn income - HC

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The assessee has collected the funds from the public/depositors, ...

Funds Collected from Public Considered Capital for Income Generation Purposes Under Tax Rules.

January 30, 2014

Case Laws Income Tax HC

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