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No tax is payable on interest accrued as fixed deposit is under prohibitory order

ITAT Bangalore held that as assessee has no right to receive the interest Accrued on Fixed Deposits due to prohibitory order, the same is not taxable.

The post No tax is payable on interest accrued as fixed deposit is under prohibitory order appeared first on TaxGuru.



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No tax is payable on interest accrued as fixed deposit is under prohibitory order

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