INCOME TAX CASE LAW 29.05.2026
INCOME TAX CASE LAW 29.05.2026 Relevant Act Section Case Law Title Citation Brief Summary Income-tax Act, 1961 Section 5 State Bank of India v. Assistant Commissioner of Income-tax Click Here Interest on a bank’s securities portfolio (treated as stock-in-trade) is taxable on an accrual basis, not a due basis, as covered by earlier Tribunal orders.… Read More »