At, Supreme Court of India
By, HON'BLE JUSTICE KULDIP SINGH AND HON'BLE JUSTICE K. JAGANNATHA SHETTY
Judgment Text
K. JAGANNATHA SHETTY J.
Heard learned counsel for the parties and also for the interveners The question raised in these appeals is whether the interest on sticky advances is income for the assessment year 1968-69. The answer to the question is covered by the majority view of this court in State Bank of Travancore v. CIT 1986 (158) ITR 102.Following the said decision, the appeals and application for intervention are dismissed with no or
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der as to costs Appeals dismissed.
