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2011 (10) TMI 635 - HC - Income TaxDisallowance of SEBI Interest Regulation Scheme, 2004, by holding that the liability crystalised during the previous year, even though interest pertained to earlier period? - Tribunal allowed claim - Held that:- In the present case, the liability to pay interest crystalised in the assessment year in question even though the interest pertained to the earlier period. Thus, in our opinion, the decision of the ITAT is based on finding of fact and no question of law arises. Accordingly, the first question cannot be entertained. Disallowance of VSAT charges and lease line charges by holding that the assessee did not have tax withholding obligation under section 194J - Held that:- Similar question raised by the Revenue in the case of the Income Tax Commissioner Mumbai City-4 vs. Angel Capital & Debit Market Ltd. [2014 (5) TMI 584 - BOMBAY HIGH COURT ] has been dismissed on 28th July, 2011. Accordingly, the second question cannot be entertained.
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