TMI Blog2011 (11) TMI 179X X X X Extracts X X X X X X X X Extracts X X X X ..... - - - Dated:- 30-11-2011 - MR JUSTICE BADAR DURREZ AHMED, MS JUSTICE VEENA BIRBAL, JJ. For the Appellant : Mr Sanjeev Sabharwal For the Respondent : Mr S.Ganesh Sr. Advocate with Mr S.Sukumaran, Mr Anand Sukumar Mr Bhupesh Kumar Pathak BADAR DURREZ AHMED, J (ORAL) 1. This is an appeal under Section 260A of the Income Tax Act, 1961 (herein referred to as the said Act) filed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... deposits, interest on securities and interest on bank deposits ought to be sent back for fresh adjudication. The Tribunal further held with regard to the interpretation of clause (baa) of Explanation below Section 80HHC(4A) of the said Act as under:- Ground No.3.2 in assessee s appeal relates to the working of profits of business under clause (baa) of the Explanation below Section 80HHC(4A). Th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the order dated 24.04.2006 which reads as under:- Whether the Tribunal is right in law in holding that the assessee is entitled to reduce interest paid from interest received under clause (baa) to Explanation below Section 80HHC(4) of the Income Tax Act? 4. We are no longer required to deliberate in detail on the above question inasmuch as the same has been answered by this Court in CIT v. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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