https://www.taxtmi.com/caselaws?id=11648 The High Court upheld the Tribunal's decision to categorize the interest income from fixed deposits as income from other sources rather than business income under section 80HHC of the Income-tax Act, 1961. The court found that the interest was not linked to export-related activities and that the assessee failed to comply with the prescribed form requirements for deduction eligibility. Consequently, the appeal was dismissed, affirming the Tribunal's ruling. en-us Wed, 19 Mar 2003 00:00:00 +0530 Fri, 05 Feb 2010 11:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11648 The High Court upheld the Tribunal's decision to categorize the interest income from fixed deposits as income from other sources rather than business income under section 80HHC of the Income-tax Act, 1961. The court found that the interest was not linked to export-related activities and that the assessee failed to comply with the prescribed form requirements for deduction eligibility. Consequently, the appeal was dismissed, affirming the Tribunal's ruling. Case-Laws Income Tax Wed, 19 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11648