2003 (2) TMI 500

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....G. Sivarajan, J. This appeal is filed by M/s. Southern Cashew Exporters, Chandanathope, Kollan against a common order of the Income-tax Appellate Tribunal, Cochin Bench in ITA Nos. 15 & 16/Coch./99 for the assessment years 1994-95 and 1995-96. his appeal is only in respect of the assessment year 1994-95. The questions of law formulated by the assessee read as follows: "1. Whether on th....

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....three questions they are different facets of the question as to whether the sum of Rs. 5,34,296 received by the assessee by way of interest on short term deposit can be treated as income from business for the purpose of grant of relief under section 80HHC of the Income-tax Act, 1961. The Assessing Officer has taken the view that the said amount has to be assessed under the head 'Other sources'. Ho....