https://www.taxtmi.com/caselaws?id=15969 The court ruled in favor of the assessee concerning the assessment of interest from securities on a due basis, in accordance with the Income-tax Act. However, the issue regarding the treatment of certain equipments as plant and machinery for depreciation and development rebate remained inconclusive due to insufficient information and clarity on past references and item specifics. en-us Mon, 05 Jul 1999 00:00:00 +0530 Mon, 31 Aug 2009 12:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15969 The court ruled in favor of the assessee concerning the assessment of interest from securities on a due basis, in accordance with the Income-tax Act. However, the issue regarding the treatment of certain equipments as plant and machinery for depreciation and development rebate remained inconclusive due to insufficient information and clarity on past references and item specifics. Case-Laws Income Tax Mon, 05 Jul 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15969