https://www.taxtmi.com/caselaws?id=401173 The Tribunal allowed the appeal for statistical purposes, remitting the case back for re-adjudication. It held that interest income should be treated as Business Income, disallowing business expenditure under Income from Other Sources. The Tribunal directed a re-examination of disallowance under section 14A, emphasizing the need for a comprehensive review based on the nature of the assessee's business and consistent income treatment. en-us Mon, 17 Aug 2020 00:00:00 +0530 Mon, 30 Nov 2020 10:41:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401173 The Tribunal allowed the appeal for statistical purposes, remitting the case back for re-adjudication. It held that interest income should be treated as Business Income, disallowing business expenditure under Income from Other Sources. The Tribunal directed a re-examination of disallowance under section 14A, emphasizing the need for a comprehensive review based on the nature of the assessee's business and consistent income treatment. Case-Laws Income Tax Mon, 17 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401173