https://www.taxtmi.com/caselaws?id=193144 The ITAT Delhi Bench ruled that the interest income from Fixed Deposit Receipts should be assessed under "income from other sources" but directed the Assessing Officer to quantify the deductible expenses under section 57(iii) for all relevant assessment years. The appeals by the Revenue were allowed for statistical purposes, and the matter was remanded for the specific determination of allowable deductions. en-us Fri, 27 Aug 2010 00:00:00 +0530 Sat, 15 Jul 2017 11:21:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193144 The ITAT Delhi Bench ruled that the interest income from Fixed Deposit Receipts should be assessed under "income from other sources" but directed the Assessing Officer to quantify the deductible expenses under section 57(iii) for all relevant assessment years. The appeals by the Revenue were allowed for statistical purposes, and the matter was remanded for the specific determination of allowable deductions. Case-Laws Income Tax Fri, 27 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193144