Home Case Index All Cases Income Tax Income Tax + SC Income Tax - 1968 (8) TMI SC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1968 (8) TMI 20 - SUPREME COURTSecurities issued by Indian States of Tranvancore and Cochin are securities of a State Govt. within the meaning of the third proviso to section 8 of IT Act, 1922. Therefore the interest on securities issued by the erstwhile Indian States of Travancore and Cochin was assessable u/s 8 of the Act not u/s 12 of the Act - Assessee's appeal is allowed
|