Reviewed case brief
Badridas Daga v CIT
(1958) 34 ITR 10 (SC)
(1958) 34 ITR 10 (SC) · Supreme Court of India
- Court
- Supreme Court of India
- Year
- 1958
- Subjects
- Law of Taxation
- Reviewed
- 2026-08-02
Rule established
Interest on securities held as stock-in-trade is taxable under 'Profits and Gains of Business' and not under 'Income from Other Sources'.
Facts
Issues
Held
Ratio decidendi
How to use it in an exam
Editorial source
(1958) 34 ITR 10 (SC)
Educational summary only. Read the reported judgment or an authorised law report before relying on the case professionally.