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2014 (11) TMI 858 - HC - Income TaxInterest on investment in shares deleted - Notional interest attributable to investment in shares - Whether the Tribunal was right in confirming the order passed by the CIT(A) deleting the interest attributable to investment in shares – Held that:- The Tribunal was justified in granting benefit of the earlier years’ orders to the assessee, which are final - the AO decided the issue against the assessee following earlier years’ or in similar circumstances - the issue involved was never carried in appeal before the Court and therefore, the earlier years’ orders, on which the Appellate Tribunal placed reliance, had become final – Decided against revenue.
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