BAJRANG LAL AGARWAL,JALPAIGURI vs. D.C.I.T., CC- 3(1), KOLKATA

In the result, all the appeal filed by the assessee are allowed for statistical purposes

Bench: Shri Pradip Kumar Choubey&Shri Sanjay Awasthi]

153C/ 143(3) on 21.12.2015 when fixed deposit of Rs. 1,95,00,000/- in Bhutan had been duly considered by the AO. During the course of assessment, it was contended that according to Bhutan Income Tax Act, 2001 interest earned on fixed deposit by individual is not taxable income under personal income tax. Since no interest

BAJRANG LAL AGARWAL,JALPAIGURI vs. D.C.I.T., CC - 3(1), KOLKATA

In the result, all the appeal filed by the assessee are allowed for statistical purposes