https://www.taxtmi.com/caselaws?id=25643 The court held that the interest on the unsecured loan stock was not income accruing or arising in India through any business connection, property, asset, or source of income in India, nor through the transfer of a capital asset situated in India. The court ruled in favor of the assessee, with no order as to costs. en-us Wed, 24 Sep 1986 00:00:00 +0530 Sat, 30 Jan 2010 10:01:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25643 The court held that the interest on the unsecured loan stock was not income accruing or arising in India through any business connection, property, asset, or source of income in India, nor through the transfer of a capital asset situated in India. The court ruled in favor of the assessee, with no order as to costs. Case-Laws Income Tax Wed, 24 Sep 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25643