Easy Office
Easy Office

Tax treatment of 'interest' income

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
03 August 2015 Dear experts

A loss making pvt ltd compnay has earned some interst income on Fixed deposit..

What should be the tax treatment??
Profile Image

CA Kumar Mukesh

Profile Image

CA Kumar Mukesh (Expert)
03 August 2015 Losses of current year business and profession can be knocked off income of other sources. But carried forward losses can be set off only again income of pgbp

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Unanswered Queries


CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links