https://www.taxtmi.com/caselaws?id=68210 The Special Bench held that the interest earned by the assessee constituted business income eligible for deduction under section 80HHC. The interest was considered an incidental receipt generated in the course of business, not from investments. The legislative changes were found to be prospective and not applicable to the assessment year in question. The decision favored the assessee, directing the matter to the regular Bench for further proceedings in accordance with the law. en-us Thu, 29 Aug 2002 00:00:00 +0530 Thu, 21 Jun 2012 13:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68210 The Special Bench held that the interest earned by the assessee constituted business income eligible for deduction under section 80HHC. The interest was considered an incidental receipt generated in the course of business, not from investments. The legislative changes were found to be prospective and not applicable to the assessment year in question. The decision favored the assessee, directing the matter to the regular Bench for further proceedings in accordance with the law. Case-Laws Income Tax Thu, 29 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68210