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Interest Income from Bank FDs earned during Pre-Operative period is Taxable as ‘Income from Other Sources’: ITAT Hyderabad
The Income Tax Appellate Tribunal (ITAT), Hyderabad bench, in the case of DRS Warehousing (South) v. ITO, held that the interest on FDs earned during...
![Interest earned by a Company from fixed deposit furnished as Bank Guarantee to obtain License is a “Capital Receipt”: ITAT Mumbai [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/08/Interest-Bank-Guarantee-Tax-Scan.jpg "Interest earned by a Company from fixed deposit furnished as Bank Guarantee to obtain License is a “Capital Receipt”: ITAT Mumbai [Read Order]")