https://www.taxtmi.com/caselaws?id=779246 Interest earned on bank deposits directly linked to the acquisition and setting up of plant and machinery for a solar power project may be treated as incidental to the project cost, not as separate income. Where the deposit has a direct nexus with project implementation, such receipts can be capitalised or netted off against project expenditure rather than assessed independently. Applying that principle, the interest addition was deleted and the assessee's treatment was accepted. en-us Fri, 26 Sep 2025 00:00:00 +0530 Tue, 30 Sep 2025 12:22:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779246 Interest earned on bank deposits directly linked to the acquisition and setting up of plant and machinery for a solar power project may be treated as incidental to the project cost, not as separate income. Where the deposit has a direct nexus with project implementation, such receipts can be capitalised or netted off against project expenditure rather than assessed independently. Applying that principle, the interest addition was deleted and the assessee's treatment was accepted. Case-Laws Income Tax Fri, 26 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779246