Delhi HC rules against tax on income from FDRs until ownership is proved

Last updated: 13 October 2022

The Delhi High Court has held that income tax cannot be levied on the interest income from fixed deposits till the ownership is determined by the arbitral tribunal. The division bench of Justice Manmohan and Justice Manmeet Pritam Singh Arora has agreed with the finding of the two Appellate Autho

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Attached File : 40_21781_delhi_hc_438970.pdf

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