https://www.taxtmi.com/highlights?id=64672 Addition made on account of interest on fixed deposits - the business nexus is clearly proved. Under these circumstances, the interest income earned on fixed deposits should have to be construed as inextricably linked with the project and should be treated as recovery of part of the project cost and cannot be treated as income from other sources. - AT en-us Mon, 18 Jul 2022 09:16:05 +0530 Mon, 18 Jul 2022 09:16:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=64672 Addition made on account of interest on fixed deposits - the business nexus is clearly proved. Under these circumstances, the interest income earned on fixed deposits should have to be construed as inextricably linked with the project and should be treated as recovery of part of the project cost and cannot be treated as income from other sources. - AT Highlights Income Tax Mon, 18 Jul 2022 09:16:05 +0530 https://www.taxtmi.com/highlights?id=64672