https://www.taxtmi.com/caselaws?id=377827 The tribunal quashed the revision order under Section 263 of the Income Tax Act, 1961 and allowed the appeal, determining that the interest on Fixed Deposits (FDs) did not form part of the assessable income for the relevant assessment year. It was found that the assessment order was not erroneous or prejudicial to the Revenue's interest as the Assessing Officer had appropriately considered the facts. en-us Wed, 27 Mar 2019 00:00:00 +0530 Wed, 03 Apr 2019 17:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377827 The tribunal quashed the revision order under Section 263 of the Income Tax Act, 1961 and allowed the appeal, determining that the interest on Fixed Deposits (FDs) did not form part of the assessable income for the relevant assessment year. It was found that the assessment order was not erroneous or prejudicial to the Revenue's interest as the Assessing Officer had appropriately considered the facts. Case-Laws Income Tax Wed, 27 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377827