Interest earned should only go to reduce the capital cost of the ...

Interest Earned by Company Must Reduce Project Capital Cost, Not Taxable as Income on Capital Account.

August 4, 2017

Case Laws Income Tax AT

Interest earned should only go to reduce the capital cost of the project to be set up by the respondent company and it should not be brought to tax, as the interest is earned on capital account.

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Interest earned should only go to reduce the capital cost of the ...

Interest Earned by Company Must Reduce Project Capital Cost, Not Taxable as Income on Capital Account.

August 4, 2017

Case Laws Income Tax AT

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