https://www.taxtmi.com/caselaws?id=63259 The Tribunal ruled in favor of the Revenue on both issues. The surrendered amount of Rs. 20 lacs was classified as "income from other sources" instead of business income, denying the Section 80-I deduction. Additionally, the provision for the disputed electricity bill was disallowed for the relevant year, with the deduction to be claimed in the year of actual payment due to the uncertainty of the liability. en-us Mon, 01 Apr 2002 00:00:00 +0530 Fri, 28 Jan 2011 17:38:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63259 The Tribunal ruled in favor of the Revenue on both issues. The surrendered amount of Rs. 20 lacs was classified as "income from other sources" instead of business income, denying the Section 80-I deduction. Additionally, the provision for the disputed electricity bill was disallowed for the relevant year, with the deduction to be claimed in the year of actual payment due to the uncertainty of the liability. Case-Laws Income Tax Mon, 01 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63259