https://www.taxtmi.com/highlights?id=58626 Treatment of interest earned on fixed deposits made out of funds of the assessee in the period prior to commencement of business - 'revenue or capital' receipt - the interest received to the extent of ADB loan parked in investments in FDRs is not revenue in nature and not liable to be taxed under the head "income from other sources" - AT en-us Sat, 03 Jul 2021 23:09:25 +0530 Sat, 03 Jul 2021 23:09:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=58626 Treatment of interest earned on fixed deposits made out of funds of the assessee in the period prior to commencement of business - 'revenue or capital' receipt - the interest received to the extent of ADB loan parked in investments in FDRs is not revenue in nature and not liable to be taxed under the head "income from other sources" - AT Highlights Income Tax Sat, 03 Jul 2021 23:09:25 +0530 https://www.taxtmi.com/highlights?id=58626