2015 (2) TMI 1306

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.... The Revenue is aggrieved by the Income Tax Appellate Tribunal's (ITAT) impugned order dated 20.06.2014, in ITA No.1520/Del/2013. It urges that the amount of Rs. 42,06,774/-, the bulk of which was interest received from banks on amounts of share capital temporarily deposited, and a sum of Rs. 6 lakhs, on account of forfeiture of earnest money, had to be treated as income. The relevant facts ar....