https://www.taxtmi.com/caselaws?id=103349 The Tribunal dismissed the Revenue's appeal and upheld the DCIT(A)'s decision to delete the addition of interest on Fixed Deposits. The Tribunal found that the deposits and interest were from agricultural income of the HUF, supported by evidence of substantial agricultural income. The Assessing Officer failed to establish a link between the Fixed Deposits and the individual's income, leading to the deletion of the addition. The Tribunal also noted the Department's acceptance of a similar deletion in a previous year, ultimately finding no merit in the Revenue's appeal. en-us Mon, 15 Apr 2002 00:00:00 +0530 Wed, 22 Feb 2012 14:43:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103349 The Tribunal dismissed the Revenue's appeal and upheld the DCIT(A)'s decision to delete the addition of interest on Fixed Deposits. The Tribunal found that the deposits and interest were from agricultural income of the HUF, supported by evidence of substantial agricultural income. The Assessing Officer failed to establish a link between the Fixed Deposits and the individual's income, leading to the deletion of the addition. The Tribunal also noted the Department's acceptance of a similar deletion in a previous year, ultimately finding no merit in the Revenue's appeal. Case-Laws Income Tax Mon, 15 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103349