Correct head of income - interest income on fixed deposits in ...

Interest Income from Fixed Deposits for Expressway Setup Not Classified as Income from Other Sources.

January 30, 2020

Case Laws Income Tax AT

Correct head of income - interest income on fixed deposits in Banks - assessee is under the process of setting up of infrastructure facility of Expressway - The assessee reduced the interest from its work-in- progress - so the interest earned could not be treated as income from other sources.

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Correct head of income - interest income on fixed deposits in ...

Interest Income from Fixed Deposits for Expressway Setup Not Classified as Income from Other Sources.

January 30, 2020

Case Laws Income Tax AT

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