https://www.taxtmi.com/caselaws?id=190021 The Tribunal ruled in favor of the assessee in a case involving the treatment of interest income earned on fixed deposits kept as margin money for business. The Tribunal held that such interest income should be classified as 'business income' rather than 'income from other sources', making it eligible for deduction under section 10A of the Act. The decision highlighted that interest receipts derived in the course of business operations are considered business receipts eligible for deduction under section 10A. en-us Wed, 30 Sep 2015 00:00:00 +0530 Wed, 01 Feb 2017 11:03:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=190021 The Tribunal ruled in favor of the assessee in a case involving the treatment of interest income earned on fixed deposits kept as margin money for business. The Tribunal held that such interest income should be classified as 'business income' rather than 'income from other sources', making it eligible for deduction under section 10A of the Act. The decision highlighted that interest receipts derived in the course of business operations are considered business receipts eligible for deduction under section 10A. Case-Laws Income Tax Wed, 30 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=190021