https://www.taxtmi.com/caselaws?id=177334 Income from securities and debentures was held to be taxable on the due basis rather than on a day-to-day basis, as the issue had already been decided in the assessee's favour for an earlier assessment year. The Court treated that earlier ruling as binding for the present appeal, and noted that the Revenue's challenge on the same point had also been dismissed by the Supreme Court in the connected matter. On that basis, the appeal was dismissed because the tax treatment issue stood concluded against the Revenue. en-us Tue, 05 Feb 2013 00:00:00 +0530 Fri, 02 Jun 2017 14:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=177334 Income from securities and debentures was held to be taxable on the due basis rather than on a day-to-day basis, as the issue had already been decided in the assessee's favour for an earlier assessment year. The Court treated that earlier ruling as binding for the present appeal, and noted that the Revenue's challenge on the same point had also been dismissed by the Supreme Court in the connected matter. On that basis, the appeal was dismissed because the tax treatment issue stood concluded against the Revenue. Case-Laws Income Tax Tue, 05 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=177334