https://www.taxtmi.com/highlights?id=56823 Correct head of income - Interest income on FDRs - since the business of the assessee had not commenced, the interest received in the period prior to the commencement of business was in the nature of capital receipt and was required to be set off against the preoperative expenses. - AT en-us Sat, 20 Feb 2021 16:40:43 +0530 Sat, 20 Feb 2021 16:40:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=56823 Correct head of income - Interest income on FDRs - since the business of the assessee had not commenced, the interest received in the period prior to the commencement of business was in the nature of capital receipt and was required to be set off against the preoperative expenses. - AT Highlights Income Tax Sat, 20 Feb 2021 16:40:43 +0530 https://www.taxtmi.com/highlights?id=56823