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2020 (2) TMI 332 - HC - Income TaxDeduction u/s 80HHC - Receipts by way of "Shipping Agency fees" and "hire charges of machinery and installations" - receipts under the head "extraction charges" could be considered as part of the "total turnover" as defined in the said clause (ba), for the purpose of computation of the deduction under section 80 HHC - subsidiary companies on loans lent to them to meet their working capital requirements, and claimed by the Appellant as forming part of the income from "Profits and gains of business" could be considered as assessable as "Income from other sources" - HELD THAT:- Parties agree that the aforesaid substantial questions of law had been framed even in Tax Appeal [2020 (2) TMI 309 - BOMBAY HIGH COURT] , which relates to the Assessment Year 1997-98. By a separate Judgment and Order, we have today disposed of Tax Appeal. Therefore, even these two appeals are disposed of in terms of what we have held in our Judgment and Order delivered today disposing.
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