https://www.taxtmi.com/caselaws?id=409243 The Tribunal allowed the appeals, holding that the interest earned on the ADB loan parked in fixed deposits was not taxable as 'income from other sources'. The delay in filing the appeal was condoned as it was inadvertent and rectified promptly. The Tribunal distinguished the current case from preceding years, aligning it with the decision in H.P. Power Corporation Ltd. where similar interest income was not taxed. en-us Thu, 24 Jun 2021 00:00:00 +0530 Sat, 03 Jul 2021 23:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409243 The Tribunal allowed the appeals, holding that the interest earned on the ADB loan parked in fixed deposits was not taxable as 'income from other sources'. The delay in filing the appeal was condoned as it was inadvertent and rectified promptly. The Tribunal distinguished the current case from preceding years, aligning it with the decision in H.P. Power Corporation Ltd. where similar interest income was not taxed. Case-Laws Income Tax Thu, 24 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409243