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2000 (7) TMI 42 - BOMBAY HIGH COURT
Extract:
....... If that be the case, then such an income cannot come within the ambit of section 28 to section 44D of the Income-tax Act. It cannot come under profits and gains of business. Therefore, looking at this matter from either point of view, the appeal needs to be allowed. Accordingly, the appeal stands allowed with no order as to costs. C. C. expedited.