TMI Blog2015 (9) TMI 1460X X X X Extracts X X X X X X X X Extracts X X X X ..... Court ] - T. C. A. Nos. 741, 742 and 743 of 2015 and M. P. Nos. 1 and 1 of 2015 - - - Dated:- 29-9-2015 - V. Ramasubramanian And T. Mathivanan, JJ. For the Appellant : T. R. Senthil Kumar For the Respondent : -- JUDGMENT V. Ramasubramanian, J. 1. These appeals are filed by the Revenue under section 260A of the Income-tax Act, 1961 raising the following substantial questi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... year against other business income of the assessee ? 2. Though on the question Nos. 1 and 2, the appellant-Revenue is entitled to have our answers in their favour, we did not think fit to admit the appeal and order notice, in view of the fact that in any case, the third question of law has to be answered against the appellant-Revenue, which would eventually lead to the dismissal of the appeal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... le to be answered in favour of the appellant. 4. However, on question No. 3, we have already held in CIT v. R. Yuvaraj (T. C. A. No. 163 of 2015, dated April 21, 2015) - [2016] 384 ITR 521 (Mad) following the decision of this court in Velayudhaswamy Spinning Mills P. Ltd. v. Asst. CIT [2012] 340 ITR 477 (Mad) that the Tribunal was right in holding that the assessee is entitled to deduction unde ..... X X X X Extracts X X X X X X X X Extracts X X X X
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