https://www.taxtmi.com/caselaws?id=104037 The Tribunal upheld the CIT(A)'s orders on all three issues, dismissing the revenue's appeal entirely. The first issue involved assessing interest income on term and fixed deposits as business income, following a precedent favoring the assessee. The second issue concerned reducing a lump sum addition from Rs. 30,000 to Rs. 15,000, supported by the nature of the assessee's work and payment methods. Lastly, the deletion of an addition of Rs. 10,100 on accrued interest was upheld, allowing the assessee to rely on bank-certified interest amounts for tax purposes. en-us Fri, 26 Mar 1999 00:00:00 +0530 Mon, 27 Feb 2012 13:16:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104037 The Tribunal upheld the CIT(A)'s orders on all three issues, dismissing the revenue's appeal entirely. The first issue involved assessing interest income on term and fixed deposits as business income, following a precedent favoring the assessee. The second issue concerned reducing a lump sum addition from Rs. 30,000 to Rs. 15,000, supported by the nature of the assessee's work and payment methods. Lastly, the deletion of an addition of Rs. 10,100 on accrued interest was upheld, allowing the assessee to rely on bank-certified interest amounts for tax purposes. Case-Laws Income Tax Fri, 26 Mar 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104037