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Investment Income Head
A client has invested 400000 in an LLP which will give back the investments in form of monthly payments until the client receives 800000 in total.The client is saying that this scheme is called as cashback scheme.Although no TDS is deducted by the LLP to ascertain the nature of the income.Under which head such income should be apportioned?
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IFOS....
Thank you sir
You are welcome, Dear..
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