https://www.taxtmi.com/caselaws?id=9417 The case involved the taxability of interest and miscellaneous receipts as income from other sources, and the legality of setting off interest earned against interest payable on loans. The High Court ruled that the interest and miscellaneous receipts should be taxed as income from other sources and cannot be set off against interest payable on loans. The Court cited relevant Supreme Court judgments and held in favor of the Revenue, denying the assessee's claims. en-us Thu, 11 Aug 2005 00:00:00 +0530 Mon, 22 Jun 2009 18:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9417 The case involved the taxability of interest and miscellaneous receipts as income from other sources, and the legality of setting off interest earned against interest payable on loans. The High Court ruled that the interest and miscellaneous receipts should be taxed as income from other sources and cannot be set off against interest payable on loans. The Court cited relevant Supreme Court judgments and held in favor of the Revenue, denying the assessee's claims. Case-Laws Income Tax Thu, 11 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9417