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![Interest Income from Staff Loans and Advances, Fixed Deposits and Advances to be Treated as Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/Interest-Income-Staff-Loans-Fixed-Deposits-Business-Income-ITAT-TAXSCAN.jpg "Interest Income from Staff Loans and Advances, Fixed Deposits and Advances to be Treated as Business Income: ITAT [Read Order]")
Interest Income from Staff Loans and Advances, Fixed Deposits and Advances to be Treated as Business Income: ITAT [Read Order]
The Income Tax Appellate Tribunal ( ITAT ) Ahmedabad Bench, while deciding a group of appeals filed by both the assessee and the revenue, held that...
![Provisions of ‘Deemed Dividend’ would not attract Loans and Advances out of Commercial Consideration and Business Expediency: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/04/Provisions-Deemed-Dividend-Loans-Advances-Commercial-Consideration-Business-Expediency-ITAT-Taxscan.jpg "Provisions of ‘Deemed Dividend’ would not attract Loans and Advances out of Commercial Consideration and Business Expediency: ITAT [Read Order]")
![Notional Interest on Advances / Loans can’t be Charged on Accrual basis: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2018/03/Notional-Interest-Taxscan.jpg "Notional Interest on Advances / Loans can’t be Charged on Accrual basis: ITAT [Read Order]")