https://www.taxtmi.com/caselaws?id=407591 The Tribunal allowed the appeal for statistical purposes, directing a fresh adjudication by the CIT(A) to consider the nexus between funds parked in fixed deposits and interest income. Emphasizing the importance of reviewing judicial precedents and evidences, the decision aimed to ensure a fair assessment based on established legal principles. The judgment highlighted the need for a comprehensive evaluation by the lower authorities, considering the appellant's arguments regarding the connection of funds and interest income to the project. en-us Tue, 09 Mar 2021 00:00:00 +0530 Sat, 15 May 2021 08:26:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407591 The Tribunal allowed the appeal for statistical purposes, directing a fresh adjudication by the CIT(A) to consider the nexus between funds parked in fixed deposits and interest income. Emphasizing the importance of reviewing judicial precedents and evidences, the decision aimed to ensure a fair assessment based on established legal principles. The judgment highlighted the need for a comprehensive evaluation by the lower authorities, considering the appellant's arguments regarding the connection of funds and interest income to the project. Case-Laws Income Tax Tue, 09 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407591