High Court
considered the decision of the Madras High Court in Viswapriya
relied on by Mr Ghosal for the Revenue in the instant case ... held that the nature of the assessee's business in Viswapriya
involved a return on investment made by the investor which
was assured
authorities below, the assessee placed
reliance on a decision reported in Viswapriya Financial Services and
Securities Limited [2002] 258 ITR 496 (Madras ... 261ITR 113
(Gujarat), and Madras High Court in the case of Viswapriya Financial
Services and Securities Limited [2002] 258 ITR496 (Madras), in support
decision of Hon'ble Madras High court in the case of Viswapriya Financial Services & Securities Ltd. v. CIT for the definition of interest ... decision of Hon'ble Madras High Court in the case of Viswapriya Financial Services & Securities Ltd. (supra) for the definition of word
placed reliance on the judgement of the Madras High
Court in Viswapriya Financial Services & Securities
decision of Hon'ble Madras High Court in case of Viswapriya Financing Services & Securities Ltd. (supra), the assessee was not in a knowledge
placed reliance on the judgement of the Madras High Court in
Viswapriya Financial Services & Securities
