https://www.taxtmi.com/caselaws?id=793813 Interest income said to be governed by mutuality was treated as covered by binding Supreme Court authority, so that issue was not entertained. The remaining questions on whether deduction under Section 57(iii) of the Income-tax Act, 1961 could be restricted to 7.5% and what portion of that deduction should be allowed were found arguable, and the appeal was admitted only on those two questions. The document records no adjudication on the merits beyond that limited admission. en-us Wed, 17 Jun 2026 00:00:00 +0530 Wed, 24 Jun 2026 07:08:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=793813 Interest income said to be governed by mutuality was treated as covered by binding Supreme Court authority, so that issue was not entertained. The remaining questions on whether deduction under Section 57(iii) of the Income-tax Act, 1961 could be restricted to 7.5% and what portion of that deduction should be allowed were found arguable, and the appeal was admitted only on those two questions. The document records no adjudication on the merits beyond that limited admission. Case-Laws Income Tax Wed, 17 Jun 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=793813