https://www.taxtmi.com/caselaws?id=55016 The Tribunal upheld the CIT(A)'s decision, ruling that the discount received from the bank on certificates of deposit is not considered interest or any other similar receipt under Explanation (baa) to Section 80HHC. Consequently, the discount is included in the profits eligible for deduction under Section 80HHC, leading to the dismissal of the Revenue's appeal. en-us Thu, 18 Sep 2003 00:00:00 +0530 Mon, 18 Jun 2012 13:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55016 The Tribunal upheld the CIT(A)'s decision, ruling that the discount received from the bank on certificates of deposit is not considered interest or any other similar receipt under Explanation (baa) to Section 80HHC. Consequently, the discount is included in the profits eligible for deduction under Section 80HHC, leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Thu, 18 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55016