https://www.taxtmi.com/caselaws?id=244934 The High Court dismissed the appeal under Section 260A of the Income Tax Act, 1961, regarding the classification of interest income from Fixed Deposit Receipts (FDRs) for the Assessment Year 1998-99. The ITAT's order was found lacking in addressing substantial legal and factual issues, leading to the dismissal of the appeal. The court emphasized the absence of any substantial question of law arising from the ITAT's decision and noted the failure to delve into the core aspects of the case, resulting in the dismissal of the appeal. en-us Mon, 17 Feb 2014 00:00:00 +0530 Thu, 13 Mar 2014 06:03:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244934 The High Court dismissed the appeal under Section 260A of the Income Tax Act, 1961, regarding the classification of interest income from Fixed Deposit Receipts (FDRs) for the Assessment Year 1998-99. The ITAT's order was found lacking in addressing substantial legal and factual issues, leading to the dismissal of the appeal. The court emphasized the absence of any substantial question of law arising from the ITAT's decision and noted the failure to delve into the core aspects of the case, resulting in the dismissal of the appeal. Case-Laws Income Tax Mon, 17 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244934