Supreme Court: Asking a Woman to Adjust in Marriage Does Not Amount to Cruelty By In-Laws  ||  Supreme Court Reiterates That Police Must Obtain Magistrate’s Permission For Further Investigation  ||  Supreme Court Upholds GST on Online Gaming, Ruling it Falls under Betting and Gambling  ||  Supreme Court: ECI Can Examine Citizenship For Electoral Rolls, But its Ruling is Not Final  ||  Supreme Court: Centre Must Consider State’s Views Before Rejecting All India Services Officer's VRS  ||  Madras High Court Bans Cow and Calf Slaughter For Bakrid, Saying it is Not an Essential Sacrifice  ||  Gauhati High Court: Confessions under Section 164 CrPC are Inadmissible if Police are Present  ||  Delhi HC: On-Duty Driver is Entitled to Compensation Unless Murder Was Personal and Targeted  ||  SC: High Courts Exercising Probate Jurisdiction Can Order Probes Into Estate Irregularities  ||  SC: High Courts Exercising Probate Jurisdiction Can Order Probes Into Estate Irregularities    

ITAT, Jaipur: FDRs Interest Made for Business Purposes Shall be Treated as Business Income - (29 Apr 2022)

DIRECT TAXATION

Income Tax Appellate Tribunal, Jaipur has ruled that the interest income received from the Fixed Deposit Receipt made for business purposes and for getting the tender from the Electricity Board shall be treated as business income and not as Income from Other Sources under the Income Tax Act, 1961.

Tags : INCOME TAX APPELLATE TRIBUNAL   FIXED DEPOSIT RECEIPT   INCOME FROM OTHER SOURCES   INCOME TAX ACT   1961  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved