https://www.taxtmi.com/caselaws?id=16015 The High Court of Andhra Pradesh dismissed the application under section 256(2) of the Income-tax Act, 1961, upholding the Tribunal's decision that the assessee's earnings were capital receipts not taxable under 'Other sources' for the assessment year 1981-82, citing precedent CIT v. Nagarjuna Steels Ltd. [1988] 171 ITR 663. en-us Mon, 07 Jul 1997 00:00:00 +0530 Mon, 31 Aug 2009 15:14:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16015 The High Court of Andhra Pradesh dismissed the application under section 256(2) of the Income-tax Act, 1961, upholding the Tribunal's decision that the assessee's earnings were capital receipts not taxable under 'Other sources' for the assessment year 1981-82, citing precedent CIT v. Nagarjuna Steels Ltd. [1988] 171 ITR 663. Case-Laws Income Tax Mon, 07 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16015