https://www.taxtmi.com/caselaws?id=8232 A statutory refund of excess profits tax, including interest calculated under the refund provision, retained the character of the original business receipt and was not taxable as income from other sources; it was treated as business income under section 10 of the Income-tax Act, 1922. On the property issue, the earlier Full Bench ruling on the same parties and property was treated as controlling, and the assessee was held not to continue as owner for computation under section 9 of the Indian Income-tax Act, 1922. en-us Wed, 14 Oct 1970 00:00:00 +0530 Mon, 06 Apr 2009 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=8232 A statutory refund of excess profits tax, including interest calculated under the refund provision, retained the character of the original business receipt and was not taxable as income from other sources; it was treated as business income under section 10 of the Income-tax Act, 1922. On the property issue, the earlier Full Bench ruling on the same parties and property was treated as controlling, and the assessee was held not to continue as owner for computation under section 9 of the Indian Income-tax Act, 1922. Case-Laws Income Tax Wed, 14 Oct 1970 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=8232