https://www.taxtmi.com/caselaws?id=280085 The Tribunal dismissed the department's appeals for assessment years 2011-12 and 2012-13, upholding the deletion of interest income earned on contractor advances. The interest income was considered inextricably linked to project setup, treated as a capital receipt, and not taxable as income from other sources. The decision aligned with prior rulings and detailed legal analysis, affirming the CIT(A)'s order. The judgment was rendered on 13/09/2017. en-us Wed, 13 Sep 2017 00:00:00 +0530 Sat, 20 Apr 2019 09:25:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280085 The Tribunal dismissed the department's appeals for assessment years 2011-12 and 2012-13, upholding the deletion of interest income earned on contractor advances. The interest income was considered inextricably linked to project setup, treated as a capital receipt, and not taxable as income from other sources. The decision aligned with prior rulings and detailed legal analysis, affirming the CIT(A)'s order. The judgment was rendered on 13/09/2017. Case-Laws Income Tax Wed, 13 Sep 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280085