https://www.taxtmi.com/caselaws?id=32351 HC held that interest earned on funds arising from and used in the assessee's ongoing property development business is taxable as business income rather than income from other sources. Relying on comparable precedents, the court found the facts aligned with prior decisions and concluded the interest was properly assessed as business income. The appeal was dismissed. en-us Tue, 15 Jan 2008 00:00:00 +0530 Wed, 25 Feb 2026 18:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32351 HC held that interest earned on funds arising from and used in the assessee's ongoing property development business is taxable as business income rather than income from other sources. Relying on comparable precedents, the court found the facts aligned with prior decisions and concluded the interest was properly assessed as business income. The appeal was dismissed. Case-Laws Income Tax Tue, 15 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32351