TMI Blog2008 (12) TMI 6X X X X Extracts X X X X X X X X Extracts X X X X ..... on interest earned on FDRs – this question is answered in favour of revenue - 1253 of 2008 - - - Dated:- 2-12-2008 - BADAR DURREZ AHMED and RAJIV SHAKDHER JJ. CORAM:- HON'BLE MR JUSTICE BADAR DURREZ AHMED HON'BLE MR JUSTICE RAJIV SHAKDHER Mr. O.P. Sapra with Mr. Sandeep Sapra for the Appellant. Ms. Prem Lata Bansal with Mr. Mohan Prasad Gupta and Ms. Anshul Sharma for the Respon ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ces of the case and in law, the Income-tax Appellate Tribunal was justified in holding that the appellant was not entitled to deductions under Section 80 IB of the said Act on interest earned on FDRs of Rs 82,370/- ? 3. Whether on the facts and circumstances of the case and in law, the Income-tax Appellate Tribunal was justified in holding that the appellant was not entitled to deduction under S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... assed by the tribunal. In any event, no substantial question of law arises with regard to the proposed question Nos. 2 and 3. We may note that insofar as the proposed question No.3 is concerned, the same also stands covered in favour of the revenue by virtue of this court's decision in Commissioner of Income-tax v. Shri Ram Honda Power Equipment: 289 ITR 475. The tribunal has followed the said ..... X X X X Extracts X X X X X X X X Extracts X X X X
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