Profit Rate on Bank Deposits Reduced to 5% for Part Addition Calculation, Aligning with 2008-09 Directive. https://www.taxtmi.com/highlights?id=17833 Net profit @ 6% on bank deposits made - authorities below shall apply profit rate of 5% for the purpose of computing part addition as was directed in assessment year 2008-09 - AT en-us Mon, 24 Mar 2014 15:30:42 +0530 Mon, 24 Mar 2014 15:30:42 +0530 TaxTMI RSS Generator Profit Rate on Bank Deposits Reduced to 5% for Part Addition Calculation, Aligning with 2008-09 Directive. https://www.taxtmi.com/highlights?id=17833 Net profit @ 6% on bank deposits made - authorities below shall apply profit rate of 5% for the purpose of computing part addition as was directed in assessment year 2008-09 - AT Highlights Income Tax Mon, 24 Mar 2014 15:30:42 +0530 https://www.taxtmi.com/highlights?id=17833