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Taxability of Interest earned on funds - belong to the assessee or not - amount / funds contributed by subsidiaries towards the shifting and rehabilitation fund - the assets generated from such money cannot be treated as assets of the assessee company - not taxable - Tri

Income Tax
June 10, 2017

Taxability of Interest earned on funds - belong to the assessee or not - amount / funds contributed by subsidiaries towards the shifting and rehabilitation fund - the assets generated from such money cannot be treated as assets of the assessee company - not taxable - Tri

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