https://www.taxtmi.com/caselaws?id=279604 The Tribunal upheld the FAA's decision, rejecting the revised return and confirming the treatment of interest income as income from other sources. The appeal filed by the assessee was disallowed, with the Tribunal emphasizing that the interest earned from FDs was not linked to any business activity or project construction and was rightly assessed under section 56 of the Act. en-us Wed, 18 Mar 2015 00:00:00 +0530 Thu, 28 Mar 2019 06:41:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279604 The Tribunal upheld the FAA's decision, rejecting the revised return and confirming the treatment of interest income as income from other sources. The appeal filed by the assessee was disallowed, with the Tribunal emphasizing that the interest earned from FDs was not linked to any business activity or project construction and was rightly assessed under section 56 of the Act. Case-Laws Income Tax Wed, 18 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279604