https://www.taxtmi.com/caselaws?id=18023 Interest on securities, Government subsidies and dividend receipts were treated as business income for deduction under section 80P(2)(a)(i) of the Income-tax Act, 1961, because earlier decisions in the same assessee's case had already accepted deduction for interest and subsidies, and dividend income had also been held eligible. The referred question was therefore covered by binding precedent on all three items, and the answer was given in favour of the assessee and against the Department. en-us Tue, 12 Mar 1996 00:00:00 +0530 Sat, 26 Sep 2009 12:39:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=18023 Interest on securities, Government subsidies and dividend receipts were treated as business income for deduction under section 80P(2)(a)(i) of the Income-tax Act, 1961, because earlier decisions in the same assessee's case had already accepted deduction for interest and subsidies, and dividend income had also been held eligible. The referred question was therefore covered by binding precedent on all three items, and the answer was given in favour of the assessee and against the Department. Case-Laws Income Tax Tue, 12 Mar 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=18023