Income Tax, HC Delhi Judgement Dated 10/04/2026 – Interest on deposits linked to business setup was capital receipt and not taxable as Income From Other Sources 

Case of VNG Automotive Private Limited vs ACIT, HC Delhi Judgement Dated 10th April 2026. HC held that interest earned on funds borrowed for setting up a business, and temporarily parked in deposits, is not taxable as ‘income from other sources’ but should be capitalized and set off against pre-operative expenses. 

(Link: HC Delhi Judgement Dated 10/04/2026)

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