https://www.taxtmi.com/caselaws?id=334429 Additional amount received under a delayed open offer was held to be integrally connected with the share transfer and not separable as interest income. The amount arose from the revised offer price under the SEBI-approved open offer mechanism, not from any borrowing, credit facility, or delayed repayment by a debtor. As the assessee only tendered shares under the offer, the receipt was treated as part of the consideration for transfer of shares and not as income from other sources. en-us Tue, 20 Sep 2016 00:00:00 +0530 Mon, 14 Nov 2016 10:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=334429 Additional amount received under a delayed open offer was held to be integrally connected with the share transfer and not separable as interest income. The amount arose from the revised offer price under the SEBI-approved open offer mechanism, not from any borrowing, credit facility, or delayed repayment by a debtor. As the assessee only tendered shares under the offer, the receipt was treated as part of the consideration for transfer of shares and not as income from other sources. Case-Laws Income Tax Tue, 20 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=334429