https://www.taxtmi.com/caselaws?id=13568 Unclaimed sundry credit balances written back from ordinary trading transactions retained their business character because the receipts were closely linked to the assessee's trading activities. They were therefore assessable as business income rather than income from other sources. As the income was brought under the business head, the assessee remained entitled to deduction under section 80HHC. en-us Tue, 12 Dec 2006 00:00:00 +0530 Tue, 27 Feb 2024 14:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13568 Unclaimed sundry credit balances written back from ordinary trading transactions retained their business character because the receipts were closely linked to the assessee's trading activities. They were therefore assessable as business income rather than income from other sources. As the income was brought under the business head, the assessee remained entitled to deduction under section 80HHC. Case-Laws Income Tax Tue, 12 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13568