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Tax treatment of 'interest' income

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 August 2015 Dear experts

A loss making pvt ltd compnay has earned some interst income on Fixed deposit..

What should be the tax treatment??
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CA Kumar Mukesh

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CA Kumar Mukesh (Expert)
03 August 2015 Losses of current year business and profession can be knocked off income of other sources. But carried forward losses can be set off only again income of pgbp

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