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2009 (12) TMI 718 - ITAT MUMBAI
Extract:
.......ficer to exclude only the net interest income as we have held that interest income is assessable as business income. Ground No. 2 is partly allowed. The other grounds raised in this appeal were not pressed, therefore, they are dismissed as not pressed. In the result, appeal filed by the assessee is partly allowed. Pronounced on 21st December, 2009.