business income or other source income

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  1. ASHISH KUMAR JAIN

    ASHISH KUMAR JAIN New Member

    sir my question is that

    if any partner ship firm doing business , he get advance money from debtors ., so he collect extra cash . so firm make bank fdr for few time , he get bank interest on fdr

    so my questtion is that

    1. income of this fdr interest , will conciderd as business income or other source income ?

    2 if it have conciderd as other source income , will it set off against business loss ?
     
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