https://www.taxtmi.com/caselaws?id=59453 The Tribunal partly allowed the appeal, modifying the CIT(A)'s order to adjust the interest income from advances to contractors in the work-in-progress as business income. The interest income from advances to NMPT was also treated as business income, not income from other sources, with directions for the AO to rework the income accordingly. en-us Thu, 12 Feb 2009 00:00:00 +0530 Fri, 07 Jun 2013 18:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59453 The Tribunal partly allowed the appeal, modifying the CIT(A)'s order to adjust the interest income from advances to contractors in the work-in-progress as business income. The interest income from advances to NMPT was also treated as business income, not income from other sources, with directions for the AO to rework the income accordingly. Case-Laws Income Tax Thu, 12 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59453