Receipt of interest from the income tax dept on the excess TDS ...

Interest on Excess TDS Classified as "Income from Other Sources," Not Business Profits, Affects Tax Treatment.

February 27, 2019

Case Laws Income Tax AT

Receipt of interest from the income tax dept on the excess TDS deducted - such interest is liable to be assessed as “Income from other Sources” and not under the head “Profits and gains of business or profession”

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Receipt of interest from the income tax dept on the excess TDS ...

Interest on Excess TDS Classified as "Income from Other Sources," Not Business Profits, Affects Tax Treatment.

February 27, 2019

Case Laws Income Tax AT

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