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2003 (5) TMI 21 - HC - Income TaxAppeal arises out of proceedings of rectification in intimation issued under section 143(1)(a), as the assessee in his return claimed deduction of the amount of cash deposit for obtaining the bank guarantee for satisfying the demand of bottling fee, in case he lost in the pending litigation - respondent is also right in his submission that the substantial question framed at the time of admission does not give the true picture of controversy for consideration in this appeal which arises out from the rectification proceedings by intimation under section 143(1)(a), and relates to the validity of rectification proceedings - question of deduction claimed by the assessee raises a debatable issue and cannot be considered as a mistake apparent from the record – Revenue’s appeal dismissed
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