https://www.taxtmi.com/caselaws?id=65969 Interest on deposits remained disallowable because the deposits were unsecured when received, and a later unilateral hypothecation deed could not retrospectively convert them into secured loans for the statutory exception. The capital-loss claim on acquisition of private forest land was allowable in principle because title vested in the State on the appointed day under the forest acquisition law, and the later release order did not alter that vesting. The Tribunal also held that an additional ground could be entertained where the relevant facts were already on record. The matter was remanded only for limited verification of the road component in the loss computation. en-us Wed, 29 Feb 1984 00:00:00 +0530 Sat, 19 Feb 2011 15:31:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65969 Interest on deposits remained disallowable because the deposits were unsecured when received, and a later unilateral hypothecation deed could not retrospectively convert them into secured loans for the statutory exception. The capital-loss claim on acquisition of private forest land was allowable in principle because title vested in the State on the appointed day under the forest acquisition law, and the later release order did not alter that vesting. The Tribunal also held that an additional ground could be entertained where the relevant facts were already on record. The matter was remanded only for limited verification of the road component in the loss computation. Case-Laws Income Tax Wed, 29 Feb 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65969