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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Taxability of interest receipt - interest temporarily earned on ...


Government Grant Interest Not Taxable as Income, Says State Directive.

April 13, 2015

Case Laws     Income Tax     HC

Taxability of interest receipt - interest temporarily earned on the grant received from the Government and that too as per the instructions given by the State Government cannot be included in the income of the assessee - HC

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