https://www.taxtmi.com/caselaws?id=23548 Interest on a decretal amount could not be taxed again in the assessee's hands where the same income had already been finally assessed in the hands of a sister concern. On those facts, the Tribunal correctly deleted the addition because identical income cannot lawfully be subjected to tax twice in the hands of different assessees, and no referable question of law arose from that deletion. The reference petition therefore failed. en-us Fri, 15 Sep 1989 00:00:00 +0530 Mon, 21 Dec 2009 16:59:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23548 Interest on a decretal amount could not be taxed again in the assessee's hands where the same income had already been finally assessed in the hands of a sister concern. On those facts, the Tribunal correctly deleted the addition because identical income cannot lawfully be subjected to tax twice in the hands of different assessees, and no referable question of law arose from that deletion. The reference petition therefore failed. Case-Laws Income Tax Fri, 15 Sep 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23548