https://www.taxtmi.com/highlights?id=35736 Interest earned should only go to reduce the capital cost of the project to be set up by the respondent company and it should not be brought to tax, as the interest is earned on capital account. en-us Fri, 04 Aug 2017 07:26:15 +0530 Fri, 04 Aug 2017 07:26:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=35736 Interest earned should only go to reduce the capital cost of the project to be set up by the respondent company and it should not be brought to tax, as the interest is earned on capital account. Highlights Income Tax Fri, 04 Aug 2017 07:26:15 +0530 https://www.taxtmi.com/highlights?id=35736