A wholesale pharma distributor has to keep certain amount of money with Pharma companies as deposit. on this deposit the companies pay interest to the distributor .
pls clarify whether interest earned on this deposit in to be treated as business income or non- business income.
Malhotra Rajesh & Associates
New Delhi
B.Com
View Details
Krea University
Chennai
CA
View Details
Shyam S Gupta and Company
New Delhi
CA Inter
View Details
AJAY SINGH AND CO LLP
Thane
CA Final
View Details
CCI
Pro
CAclubindia
