https://www.taxtmi.com/caselaws?id=428305 The Tribunal allowed the appeal, ruling in favor of the assessee regarding the classification of debentures as bonds for taxation purposes. The decision emphasized interpreting terms based on common understanding in the absence of specific definitions in the law, highlighting the importance of consistency in legal interpretations guided by precedent set by higher courts. en-us Mon, 26 Sep 2022 00:00:00 +0530 Tue, 27 Sep 2022 14:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=428305 The Tribunal allowed the appeal, ruling in favor of the assessee regarding the classification of debentures as bonds for taxation purposes. The decision emphasized interpreting terms based on common understanding in the absence of specific definitions in the law, highlighting the importance of consistency in legal interpretations guided by precedent set by higher courts. Case-Laws Income Tax Mon, 26 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=428305