https://www.taxtmi.com/caselaws?id=23399 The accretion content of Rs. 13,175 for the assessment year 1972-73 was held assessable as income rather than as capital gains. The court followed its earlier decision in the assessee's own case for the preceding year, and the same basis was applied to the present assessment year. On that footing, the amount was brought to tax as income, in favour of the Revenue. en-us Mon, 19 Dec 1988 00:00:00 +0530 Sat, 19 Dec 2009 10:17:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23399 The accretion content of Rs. 13,175 for the assessment year 1972-73 was held assessable as income rather than as capital gains. The court followed its earlier decision in the assessee's own case for the preceding year, and the same basis was applied to the present assessment year. On that footing, the amount was brought to tax as income, in favour of the Revenue. Case-Laws Income Tax Mon, 19 Dec 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23399