https://www.taxtmi.com/caselaws?id=19890 The High Court directed the Tribunal to refer the question of law on whether the interest amount of Rs. 7,59,748 awarded by the arbitrator should be classified as a capital receipt, excluding the already taxed interest. The decision clarified the legal status of the interest amount under the Income-tax Act, emphasizing the distinction between revenue and capital receipts. en-us Fri, 29 Apr 1994 00:00:00 +0530 Tue, 10 Nov 2009 13:52:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19890 The High Court directed the Tribunal to refer the question of law on whether the interest amount of Rs. 7,59,748 awarded by the arbitrator should be classified as a capital receipt, excluding the already taxed interest. The decision clarified the legal status of the interest amount under the Income-tax Act, emphasizing the distinction between revenue and capital receipts. Case-Laws Income Tax Fri, 29 Apr 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19890