Recent judgements pertaining to Income Tax and Goods and Service Tax, Investment Terminology and other related & unrelated articles from various sources. Disclaimer: The content is for general information only and is not intended to be advice on any particular matter. Readers should seek appropriate professional advice before acting on basis of the said information.
Stocks
20 December 2010
Interest income where assessee was engaged in business of sale and purchase of mutual funds and money lending business
Where assessee was engaged in business of sale and purchase of mutual funds and money lending business, interest earned by it from parties would be business income - [2010] 8 TAXMANN.COM 215 (Punj. & Har.)
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Income Tax (India)
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