https://www.taxtmi.com/caselaws?id=349525 The Tribunal held that interest earned on a fixed deposit by a domestic company for a solar power project setup is a capital receipt, not taxable income. The interest was deemed to be linked to the project's establishment, reducing the project's cost. Relying on legal precedents, the Tribunal allowed the appeal, emphasizing the connection between the interest income and the project setup, in line with established principles. en-us Mon, 11 Sep 2017 00:00:00 +0530 Mon, 16 Oct 2017 09:18:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=349525 The Tribunal held that interest earned on a fixed deposit by a domestic company for a solar power project setup is a capital receipt, not taxable income. The interest was deemed to be linked to the project's establishment, reducing the project's cost. Relying on legal precedents, the Tribunal allowed the appeal, emphasizing the connection between the interest income and the project setup, in line with established principles. Case-Laws Income Tax Mon, 11 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=349525