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![Calcutta HC allows Deduction to Other Interest Income apart from 10% Net Profit Transferred to a Reserved Fund [Read Judgment] Calcutta HC allows Deduction to Other Interest Income apart from 10% Net Profit Transferred to a Reserved Fund [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2018/06/Interest-Income-Taxscan.jpg)
Calcutta HC allows Deduction to Other Interest Income apart from 10% Net Profit Transferred to a Reserved Fund [Read Judgment]
The Calcutta High Court has allowed a deduction to other interest income apart from 10% net profit transferred to a reserved fund. The High court of...


![Calcutta HC allows to file GST TRAN-1 even after deadline for Genuine Internal System Failure [Read Order] Calcutta HC allows to file GST TRAN-1 even after deadline for Genuine Internal System Failure [Read Order]](https://www.taxscan.in/wp-content/uploads/2019/11/GST-TRAN-1-Calcutta-High-Court-Taxscan.jpg)
![Waiver of Interest Income by the Company by passing Resolution is Excludable from Taxable Income: Calcutta HC [Read Judgment] Waiver of Interest Income by the Company by passing Resolution is Excludable from Taxable Income: Calcutta HC [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2017/05/Calcutta-High-Court-Taxscan.jpg)