https://www.taxtmi.com/caselaws?id=273742 The High Court modified the Tribunal's decision by adjusting the gross profit rate and classifying the interest receipt as business income for deduction u/s 80HHC. The appellant's arguments based on historical data and deductions allowed by the Assessing Officer were pivotal in the Court's decision-making process. en-us Mon, 28 Aug 2017 00:00:00 +0530 Wed, 11 Jul 2018 21:59:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273742 The High Court modified the Tribunal's decision by adjusting the gross profit rate and classifying the interest receipt as business income for deduction u/s 80HHC. The appellant's arguments based on historical data and deductions allowed by the Assessing Officer were pivotal in the Court's decision-making process. Case-Laws Income Tax Mon, 28 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273742