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Income Tax - Highlights / Catch Notes

Home Highlights April 2019 Year 2019 This

Interest received on short term deposits - income being the ...

Income Tax

April 20, 2019

Interest received on short term deposits - income being the amount invested temporarily in short term deposits out of advance towards equity share capital by promoters are capital receipts and go to reduce the project cost with which it is inextricably linked - not exigible to tax as Income from Other Sources

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