https://www.taxtmi.com/caselaws?id=191157 Where Government securities are held as stock-in-trade, the relevant income-tax exemption provisions were treated as inapplicable to the interest earned on those securities. The Rajasthan High Court followed its earlier decision between the same parties on an identical question for prior assessment years and saw no reason to depart from that reasoning. The result was that the Tribunal's view was upheld, and the assessee's claim that the cited exemption provisions did not apply to the interest income was sustained. en-us Thu, 07 Feb 1985 00:00:00 +0530 Wed, 22 Mar 2017 18:40:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=191157 Where Government securities are held as stock-in-trade, the relevant income-tax exemption provisions were treated as inapplicable to the interest earned on those securities. The Rajasthan High Court followed its earlier decision between the same parties on an identical question for prior assessment years and saw no reason to depart from that reasoning. The result was that the Tribunal's view was upheld, and the assessee's claim that the cited exemption provisions did not apply to the interest income was sustained. Case-Laws Income Tax Thu, 07 Feb 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=191157