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Income Tax - Highlights / Catch Notes

Home Highlights October 2018 Year 2018 This

Assessee is entitled to deduction u/s 10B of the Act in respect ...


Entitlement to Deduction for Interest Income on FDRs u/s 10B of Income Tax Act for Margin Money.

October 17, 2018

Case Laws     Income Tax     AT

Assessee is entitled to deduction u/s 10B of the Act in respect of the interest income earned on FDRs made for the purposes of keeping margin money or for availing any other credit facility from banks.

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