Interest Income

This query is : Resolved 

14 April 2009 I received Interest from my Private Limited Company for Unsecured Loan . Pls. tell me this type of income in which head we cosider?

14 April 2009 its under head income form other sources

14 April 2009 income form other sources


14 April 2009 Depends.
Either income from business or profession or income from other sources.

14 April 2009 Thank u for reply.
If I have no Money Landing License then this type of Income which head consider?

15 April 2009 I don't think there is any license required.
If its please clarify on it that whether it is under some local laws or something?

16 April 2009 Thanks to all .

16 April 2009 Thanks to all .




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