https://www.taxtmi.com/caselaws?id=216920 The Tribunal held that the interest income earned from Fixed Deposit Receipts (FDRs) made out of zero coupon convertible bonds is classified as income from other sources and not as business income. Relying on relevant case law and judicial precedents, the Tribunal dismissed the assessee's appeal, affirming the decision of the CIT(A). en-us Mon, 30 Jul 2012 00:00:00 +0530 Sat, 09 Apr 2016 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=216920 The Tribunal held that the interest income earned from Fixed Deposit Receipts (FDRs) made out of zero coupon convertible bonds is classified as income from other sources and not as business income. Relying on relevant case law and judicial precedents, the Tribunal dismissed the assessee's appeal, affirming the decision of the CIT(A). Case-Laws Income Tax Mon, 30 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=216920