Wednesday, November 9, 2011

Fwd: TaxGuru : “Deduction u/s. 80HHC allowed for interest on F.D. used to avail LC Facility if it have direct nexus with export business” plus 0 more



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From: TaxGuru.in - Daily Tax and Corporate Law Update <info@taxguru.in>
Date: Tue, Nov 8, 2011 at 9:39 AM
Subject: TaxGuru : "Deduction u/s. 80HHC allowed for interest on F.D. used to avail LC Facility if it have direct nexus with export business" plus 0 more
To: palashbiswaskl@gmail.com


TaxGuru : "Deduction u/s. 80HHC allowed for interest on F.D. used to avail LC Facility if it have direct nexus with export business" plus 0 more

Link to TaxGuru.in - Daily Tax and Corporate Law Update

Deduction u/s. 80HHC allowed for interest on F.D. used to avail LC Facility if it have direct nexus with export business

Posted: 07 Nov 2011 05:18 PM PST

Interest earned on fixed deposits have an immediate nexus with the export business would be treated as income from business and interest earned on fixed deposits which does not have an immediate nexus with the export business, it would be treated as...

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