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1981 (11) TMI 52 - HC - Income Tax
Extract:
.......oney was lying idle and it was safer and wiser to put it in the bank. The interest thereby earned was incidental to the main purpose of the deposit, which was safe keeping and not earning profits. Such income is rightly found to be income from other sources. In the circumstances, the challenge against Ex. P-3 fails. The O.P. is dismissed. No costs.