TMI Blog2019 (2) TMI 1745X X X X Extracts X X X X X X X X Extracts X X X X ..... ax exempted income was earned during the assessment year A.Y.2011-12. Since Cheminvest Ltd. vs. CIT [ 2015 (9) TMI 238 - DELHI HIGH COURT] prevails, no substantial question of law arises on this ground. Interest on receivables, beyond the contractual credit period - HELD THAT:- Interest income attributable on delayed receipts beyond contractually agreed period i.e. ninety days. The Tribunal ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ground that the concern provided high end online software solutions unlike the assessee, which provided internet based medical health related services. The real services, therefore, were entirely dissimilar. We are of the opinion that this aspect is not a question of law, rather a factual one and does not call for any interference. - ITA 144/2019 - - - Dated:- 12-2-2019 - HON BLE MR. JUSTIC ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... AO had brought to tax certain amounts by applying disallowance under Section 14A. This was deleted by the impugned order which noticed that in fact no tax exempted income was earned during the assessment year A.Y.2011-12. Since Cheminvest Ltd. vs. CIT (2015) 378 ITR 33 prevails, no substantial question of law arises on this ground. 3. The second question sought to be urged is with respec ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the comparable segment was not available. The second comparable directed to be excluded i.e. TCS E-Serve Ltd., was on the ground that the concern provided high end online software solutions unlike the assessee, which provided internet based medical health related services. The real services, therefore, were entirely dissimilar. We are of the opinion that this aspect is not a question of law, rathe ..... X X X X Extracts X X X X X X X X Extracts X X X X
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