https://www.taxtmi.com/caselaws?id=11623 The court dismissed the appeals, affirming that the respondent-company was not liable to interest-tax before the insertion of section 2(5B)(va) and was not considered a financial company as defined in the Interest-tax Act. The court held that the respondent did not meet the criteria to be classified as a miscellaneous finance company under section 2(5B)(vi) based on its business activities. en-us Mon, 22 Sep 2003 00:00:00 +0530 Wed, 03 Feb 2010 12:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11623 The court dismissed the appeals, affirming that the respondent-company was not liable to interest-tax before the insertion of section 2(5B)(va) and was not considered a financial company as defined in the Interest-tax Act. The court held that the respondent did not meet the criteria to be classified as a miscellaneous finance company under section 2(5B)(vi) based on its business activities. Case-Laws Income Tax Mon, 22 Sep 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11623