https://www.taxtmi.com/caselaws?id=221327 The Court dismissed the appeal, finding the first issue irrelevant due to lack of justification for the order's recall by the Tribunal. The second issue regarding tax treatment of interest income from Fixed Deposit Receipts (FDRs) was resolved by the Tribunal's determination that it did not affect the tax liability of the assessee. The Court criticized the department for filing frivolous appeals and advised the Income Tax Department to avoid such actions in the future. Consequently, the appeal was summarily dismissed. en-us Wed, 13 Feb 2013 00:00:00 +0530 Fri, 01 Mar 2013 18:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=221327 The Court dismissed the appeal, finding the first issue irrelevant due to lack of justification for the order's recall by the Tribunal. The second issue regarding tax treatment of interest income from Fixed Deposit Receipts (FDRs) was resolved by the Tribunal's determination that it did not affect the tax liability of the assessee. The Court criticized the department for filing frivolous appeals and advised the Income Tax Department to avoid such actions in the future. Consequently, the appeal was summarily dismissed. Case-Laws Income Tax Wed, 13 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=221327