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2004 (6) TMI 19 - HC - Income TaxWhether the appeal involves any substantial question of law out of the impugned order of the Tribunal or in other words, whether the two questions proposed by the appellant involve any substantial questions so as to admit the appeal? - Since, in this case, the Tribunal came to a conclusion that the transaction in question is a genuine one then in such case, the same had to be given effect to as it is. The Tribunal, therefore, was justified in deleting the addition made by the Assessing Officer and the Commissioner of Income-tax (Appeals) relating to Rs. 88,919 and Rs. 97,309 as an assumed amount of interest said to have been earned by the assessee. - appeal does not involve any substantial question of law. The appeal thus fails and is hereby dismissed in limine.
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