https://www.taxtmi.com/caselaws?id=183873 The Tribunal ruled in favor of the Revenue regarding the treatment of interest received from a bank as income from business. However, the Tribunal sided with the assessee on the deduction of net interest for arriving at business profits and the allowance of depreciation on unclaimed office premises and factory building. The decision was based on legal precedents and legislative interpretations, ultimately resulting in a partial allowance of the Revenue's appeal. en-us Fri, 06 Sep 2002 00:00:00 +0530 Thu, 23 Jun 2016 17:40:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183873 The Tribunal ruled in favor of the Revenue regarding the treatment of interest received from a bank as income from business. However, the Tribunal sided with the assessee on the deduction of net interest for arriving at business profits and the allowance of depreciation on unclaimed office premises and factory building. The decision was based on legal precedents and legislative interpretations, ultimately resulting in a partial allowance of the Revenue's appeal. Case-Laws Income Tax Fri, 06 Sep 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183873