1..is indirect income by way of interest on deposits, mandatorly required to be shown as exempt supply in gstr9.
2..interest from debtors on late payment is exempt or taxable .
| Originally posted by : CA Piyush Shivani | ||
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1..is indirect income by way of interest on deposits, mandatorly required to be shown as exempt supply in gstr9. - NO NEED
2..interest from debtors on late payment is exempt or taxable . - YES... TAXABLE. |
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