https://www.taxtmi.com/caselaws?id=388393 The Tribunal dismissed all appeals filed by the revenue, upholding the CIT(A)'s decision that interest income earned on margin money deposits for setting up a power plant is a capital receipt, reducing the cost of capital work-in-progress, not income from other sources. The Tribunal relied on previous judicial decisions and the CBDT circular on tax effect limits, emphasizing the direct connection between the interest income and the business setup. en-us Thu, 03 Oct 2019 00:00:00 +0530 Thu, 14 Nov 2019 17:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388393 The Tribunal dismissed all appeals filed by the revenue, upholding the CIT(A)'s decision that interest income earned on margin money deposits for setting up a power plant is a capital receipt, reducing the cost of capital work-in-progress, not income from other sources. The Tribunal relied on previous judicial decisions and the CBDT circular on tax effect limits, emphasizing the direct connection between the interest income and the business setup. Case-Laws Income Tax Thu, 03 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388393