https://www.taxtmi.com/highlights?id=71189 Estimation of income @10% - Treatment of interest on fixed deposits as integral part of business activity while estimating the income - The interest income and similarly discount credits shall thus form integral part of the business receipts and shall be subjected to estimation at same rate of 10% as made applicable to contract receipts. - AT en-us Sat, 29 Jul 2023 13:56:10 +0530 Sat, 29 Jul 2023 13:56:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=71189 Estimation of income @10% - Treatment of interest on fixed deposits as integral part of business activity while estimating the income - The interest income and similarly discount credits shall thus form integral part of the business receipts and shall be subjected to estimation at same rate of 10% as made applicable to contract receipts. - AT Highlights Income Tax Sat, 29 Jul 2023 13:56:10 +0530 https://www.taxtmi.com/highlights?id=71189