Treatment to grant and the interest earned thereon as income of ...

Court Rules Grants and Interest Are Not Income for Society When Government Controls Fund Use.

November 3, 2016

Case Laws Income Tax HC

Treatment to grant and the interest earned thereon as income of the Appellant-society - When the assessee is held as a custodian and the full command for utilization of the money including interest earned thereon remains with the Government, same cannot be termed as income of the assessee - HC

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Treatment to grant and the interest earned thereon as income of ...

Court Rules Grants and Interest Are Not Income for Society When Government Controls Fund Use.

November 3, 2016

Case Laws Income Tax HC

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