https://www.taxtmi.com/caselaws?id=770886 The ITAT Delhi held that undisclosed interest income from foreign bank deposits should be deleted from the assessment. Since the Tribunal had already deleted the quantum addition related to the undisclosed deposits, the corresponding interest income added for the assessment year was also liable to be deleted. The Tribunal directed the Assessing Officer to delete the interest income that had been added to the taxpayer's assessment for the relevant year. en-us Wed, 30 Apr 2025 00:00:00 +0530 Thu, 15 May 2025 16:46:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770886 The ITAT Delhi held that undisclosed interest income from foreign bank deposits should be deleted from the assessment. Since the Tribunal had already deleted the quantum addition related to the undisclosed deposits, the corresponding interest income added for the assessment year was also liable to be deleted. The Tribunal directed the Assessing Officer to delete the interest income that had been added to the taxpayer's assessment for the relevant year. Case-Laws Income Tax Wed, 30 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770886