https://www.taxtmi.com/caselaws?id=185978 The ITAT ruled in favor of the appellant, allowing the appeals and holding that the interest income earned on fixed deposits by the mutual association is not taxable, as it falls under the principle of mutuality. en-us Mon, 09 Apr 2012 00:00:00 +0530 Mon, 05 Sep 2016 10:22:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=185978 The ITAT ruled in favor of the appellant, allowing the appeals and holding that the interest income earned on fixed deposits by the mutual association is not taxable, as it falls under the principle of mutuality. Case-Laws Income Tax Mon, 09 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=185978