2009 (4) TMI 989 - HC - Income Tax

Summary

The High Court of Bombay admitted the case for consideration of two substantial questions of law:
1. Whether gutka falls under the Eleventh Schedule as a tobacco preparation, affecting the deduction claimed by the Appellant under sections 80-1 and 80-1A of the Act?
2. Whether the Tribunal's conclusion, based on new arguments not raised earlier, violates the principles of natural justice?