https://www.taxtmi.com/manuals?id=7997 Income by way of interest on securities is treated as income from other sources where it is not chargeable under profits and gains of business or profession. The expression includes interest on Government securities and on debentures or other securities issued by or on behalf of a local authority, company, or statutory corporation. The note further states that exemption is specific and conditional, and that merely showing Government security interest in the profit and loss account does not by itself make it taxable if it has not actually accrued or been received. en-us Fri, 19 Jun 2026 17:30:00 +0530 Fri, 19 Jun 2026 17:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=7997 Income by way of interest on securities is treated as income from other sources where it is not chargeable under profits and gains of business or profession. The expression includes interest on Government securities and on debentures or other securities issued by or on behalf of a local authority, company, or statutory corporation. The note further states that exemption is specific and conditional, and that merely showing Government security interest in the profit and loss account does not by itself make it taxable if it has not actually accrued or been received. Manuals Income Tax Fri, 19 Jun 2026 17:30:00 +0530 https://www.taxtmi.com/manuals?id=7997