In the case of interest on securities, any reasonable sum paid for the purposes of realising interest is also entitled to deduction under Section 57 of the IT Act. Civil Appeal No.3291­3294 of 2009, etc. Page 14 of 45DECISIONS STARTING FROM THE CASE OF VIJAYA BANK LTD .1 11. The first decision which needs consideration is in the case of Vijaya Bank Ltd1. Regarding the facts of the said case, it must be noted that the income of the Bank was not assessed under Section 28 of the IT Act but under Section 18 under the Head “interest on securities”. In the context of the applicability of Section 18 of the IT Act, the Bank claimed that the broken period's interest was deductible under Sections 19 and 20. In light of these facts, this Court held that the outlay on the purchase of income­bearing assets was a capital outlay. Therefore, no part of the capital outlay can be set off as expenditure against income from the asset in question. 12. A Division Bench of the Bombay High Court, in the case