https://www.taxtmi.com/caselaws?id=70566 The Tribunal upheld the Commissioner of Income Tax (Appeals)' decision to classify the dividend income as business income eligible for exemption under Section 80P(2)(a)(i) of the Income Tax Act. However, the Tribunal rejected the assessee's plea for interest on delayed refunds, stating that no appeal is provided on this issue under the current provisions of the Income Tax Act. The appeals by the Revenue were dismissed, and the assessee's cross-objections were treated as dismissed for statistical purposes. en-us Fri, 31 Oct 1980 00:00:00 +0530 Mon, 18 Apr 2011 10:10:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70566 The Tribunal upheld the Commissioner of Income Tax (Appeals)' decision to classify the dividend income as business income eligible for exemption under Section 80P(2)(a)(i) of the Income Tax Act. However, the Tribunal rejected the assessee's plea for interest on delayed refunds, stating that no appeal is provided on this issue under the current provisions of the Income Tax Act. The appeals by the Revenue were dismissed, and the assessee's cross-objections were treated as dismissed for statistical purposes. Case-Laws Income Tax Fri, 31 Oct 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70566