https://www.taxtmi.com/highlights?id=71135 Applicability of higher rate of tax u/s 115BBE - The contention that excess cash could be treated as business income rejected. - The action of the lower-authorities in holding excess cash as deemed income u/s 69A attracting higher rate of tax u/s 115BBE sustained - AT en-us Thu, 27 Jul 2023 15:30:10 +0530 Thu, 27 Jul 2023 15:30:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=71135 Applicability of higher rate of tax u/s 115BBE - The contention that excess cash could be treated as business income rejected. - The action of the lower-authorities in holding excess cash as deemed income u/s 69A attracting higher rate of tax u/s 115BBE sustained - AT Highlights Income Tax Thu, 27 Jul 2023 15:30:10 +0530 https://www.taxtmi.com/highlights?id=71135