https://www.taxtmi.com/caselaws?id=276352 Interest on securities issued by the erstwhile States of Travancore and Cochin was held outside section 8 of the Income-tax Act, 1922 because they were not securities of a State Government within the relevant definition; the income was therefore taxable as income from other sources under section 12. The dividend declared by Vibhuti Glass Works Ltd. was not includible in total income under section 16(2) because it was only provisionally provided for and was not unconditionally credited or paid to the assessee; section 4(1)(b) was not pressed. The reference was thus partly against the assessee and partly in its favour. en-us Mon, 21 Sep 1964 00:00:00 +0530 Thu, 08 Nov 2018 10:12:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=276352 Interest on securities issued by the erstwhile States of Travancore and Cochin was held outside section 8 of the Income-tax Act, 1922 because they were not securities of a State Government within the relevant definition; the income was therefore taxable as income from other sources under section 12. The dividend declared by Vibhuti Glass Works Ltd. was not includible in total income under section 16(2) because it was only provisionally provided for and was not unconditionally credited or paid to the assessee; section 4(1)(b) was not pressed. The reference was thus partly against the assessee and partly in its favour. Case-Laws Income Tax Mon, 21 Sep 1964 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=276352