Taxability of Notional interest - Deposit/advance made to ...

Notional Interest on Deposits Not Taxable if Interest-Free Funds Available via Capital Account, Supported by Case Law.

March 1, 2019

Case Laws Income Tax AT

Taxability of Notional interest - Deposit/advance made to certain parties - The availability of interest free funds in the hands of assessee by way of Capital Account is not disputed and in such circumstances, no notional interest is taxable.

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Taxability of Notional interest - Deposit/advance made to ...

Notional Interest on Deposits Not Taxable if Interest-Free Funds Available via Capital Account, Supported by Case Law.

March 1, 2019

Case Laws Income Tax AT

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