https://www.taxtmi.com/caselaws?id=778818 ITAT (Ahmedabad) held that interest on fixed deposits was eligible for set-off against maintenance expenses as previously decided for the taxpayer in an earlier year; any surplus was already offered to tax in the return. Consequently, the Assessing Officer's addition of such interest and the Commissioner's confirmation were unwarranted. The entire addition was deleted and the taxpayer's grounds were allowed. en-us Wed, 10 Sep 2025 00:00:00 +0530 Tue, 23 Sep 2025 08:29:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778818 ITAT (Ahmedabad) held that interest on fixed deposits was eligible for set-off against maintenance expenses as previously decided for the taxpayer in an earlier year; any surplus was already offered to tax in the return. Consequently, the Assessing Officer's addition of such interest and the Commissioner's confirmation were unwarranted. The entire addition was deleted and the taxpayer's grounds were allowed. Case-Laws Income Tax Wed, 10 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778818