Charging of tax on the interest received from the temporary fixed deposits from the escrow account out of the barrowed funds committed for project implementation - such interest has to be separately treated as income from other sources and cannot be taken as part of the capital structure - AT
Charging of tax on the interest received from the temporary fixed deposits from the escrow account out of the barrowed funds committed for project implementation - such interest has to be separately treated as income from other sources and cannot be taken as part of the capital structure - AT
Note: It is a system-generated summary and is for quick reference only.