https://www.taxtmi.com/caselaws?id=337427 The Appellate Tribunal ITAT Pune in 2017 dismissed cross appeals concerning the assessability of interest income as 'Income from Other sources' and the allowance of deduction under section 80IB(10) of the Income Tax Act for various projects. The Tribunal upheld the treatment of interest income and directed the Assessing Officer to allow prorata deduction under section 80IB(10) for each project, in line with previous decisions. The appeals from both the assessee and the Revenue were rejected, emphasizing consistency with earlier rulings. en-us Thu, 05 Jan 2017 00:00:00 +0530 Mon, 03 Apr 2017 10:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337427 The Appellate Tribunal ITAT Pune in 2017 dismissed cross appeals concerning the assessability of interest income as 'Income from Other sources' and the allowance of deduction under section 80IB(10) of the Income Tax Act for various projects. The Tribunal upheld the treatment of interest income and directed the Assessing Officer to allow prorata deduction under section 80IB(10) for each project, in line with previous decisions. The appeals from both the assessee and the Revenue were rejected, emphasizing consistency with earlier rulings. Case-Laws Income Tax Thu, 05 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337427