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Interest received on security deposit held with debtor.

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(Querist)
22 July 2019 Interest Received on Security Deposit held with debtor for business purpose Taxable.
If Taxable then Under which head? Either PGBP Or Income From Other Sources.

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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
23 July 2019 Taxable Under head PGBP.

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