https://www.taxtmi.com/highlights?id=14578 Interest earned on the parking of share capital - Interest cannot be taxed as income from other sources in the hands of the assessee and therefore, the subsequent disallowance of expenses claimed at 10% to earn that income has been infused in the total project cost cannot be disallowed insofar as the whole of the income has been capitalized - AT en-us Wed, 18 Sep 2013 10:17:01 +0530 Wed, 18 Sep 2013 10:17:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=14578 Interest earned on the parking of share capital - Interest cannot be taxed as income from other sources in the hands of the assessee and therefore, the subsequent disallowance of expenses claimed at 10% to earn that income has been infused in the total project cost cannot be disallowed insofar as the whole of the income has been capitalized - AT Highlights Income Tax Wed, 18 Sep 2013 10:17:01 +0530 https://www.taxtmi.com/highlights?id=14578