1997 (2) TMI 46

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... J.---The following question arose for decision : "Whether, on the facts and circumstances of the case, the Income-tax Appellate Tribunal was correct in law in holding that the interest received on short-term bank deposits during the pre-production stage cannot be treated as income from other sources and should go towards the project cost?" The question urged in this case is whether the inte....