https://www.taxtmi.com/caselaws?id=305529 The Tribunal partly allowed the appeal, confirming the addition of interest income under section 56 of the Income-tax Act, 1961. However, it permitted the set off of business loss against income from other sources, directing the Assessing Officer to allow this set off after verification and in accordance with the law. en-us Wed, 28 Oct 2015 00:00:00 +0530 Fri, 09 Dec 2022 20:43:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305529 The Tribunal partly allowed the appeal, confirming the addition of interest income under section 56 of the Income-tax Act, 1961. However, it permitted the set off of business loss against income from other sources, directing the Assessing Officer to allow this set off after verification and in accordance with the law. Case-Laws Income Tax Wed, 28 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305529