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2012 (6) TMI 152 - RAJASTHAN HIGH COURTWhether tribunal was legally justified in holding that the receipts in by way of interest were incidental to the main business of the assessee and the receipts are to be taken as capital receipts and not income of the assessee from any independent source despite assessee's failure to adduce any evidence in this regard – Held that:- in Tuticorin's case (1997 - TMI - 5601 - SUPREME Court - Income Tax) interest income is always of a revenue nature unless it is received by way of damages/compensation. questions as formulated in the present appeals are answered against the Revenue and in favour of the assessee; and the appeals are dismissed
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