https://www.taxtmi.com/caselaws?id=61729 The tribunal partially allowed the appeal, ruling in favor of the assessee on the inclusion of interest in the hands of the appellant. It rejected the argument regarding the character of interest paid by the firm, emphasizing that interest on loans given by minors does not directly or indirectly arise from minor admission to partnership benefits. en-us Thu, 09 Dec 1982 00:00:00 +0530 Fri, 14 Jan 2011 15:42:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61729 The tribunal partially allowed the appeal, ruling in favor of the assessee on the inclusion of interest in the hands of the appellant. It rejected the argument regarding the character of interest paid by the firm, emphasizing that interest on loans given by minors does not directly or indirectly arise from minor admission to partnership benefits. Case-Laws Income Tax Thu, 09 Dec 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61729