The assessee may have interest income on its capital or on its non-interest bearing funds received from somebody else but the said interest cannot be set off against the interest payment on the basis of some hypothesis or presumption - Tri - Income Tax - Highlights

Income Tax - Dated - 2-12-2013 - The assessee may have interest income on its capital or on its non-interest bearing funds received from somebody else but the said interest cannot be set off against the interest payment on the basis of some hypothesis or presumption - Tri - TMI Tax Updates - Highlights ................................... Income Tax - Highlights