https://www.taxtmi.com/caselaws?id=375968 The High Court upheld the Tribunal's decision on all issues, affirming that interest income should be classified as business income, interest expenditure is allowable as business expenditure, and Section 14A does not apply when no exempt income is earned during the assessment year. The appeal under Section 260A of the Income Tax Act, 1961 was dismissed. en-us Fri, 22 Feb 2019 00:00:00 +0530 Thu, 28 Feb 2019 07:02:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=375968 The High Court upheld the Tribunal's decision on all issues, affirming that interest income should be classified as business income, interest expenditure is allowable as business expenditure, and Section 14A does not apply when no exempt income is earned during the assessment year. The appeal under Section 260A of the Income Tax Act, 1961 was dismissed. Case-Laws Income Tax Fri, 22 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=375968