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INTEREST RECEIVED ON TRADE AND SUNDRY DEBTORS

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rajesh (Querist)
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11 June 2009 DEAR SIR/ MADAM

INTEREST RECEIVED FROM TRADE DEBTORS AND SUNDRY DEBTORS IS TREATED AS BUSINESS OR PROFESSION OR INCOME FROM OTHER SOURCES.
PLEASE TELL

THANKS IN ADVANE

Aditya Maheshwari

Aditya Maheshwari (Expert)
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11 June 2009 Of course in the course of business it has to be business income.

CA Devanshi Gandhi (Ajani)

CA Devanshi Gandhi (Ajani) (Expert)
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11 June 2009 its a business income

Manmohan ACA, CS

Manmohan ACA, CS (Expert)
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12 June 2009 business income

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