Law:

Section:

Section 28(i), read with section 256, of the Income-tax Act, 1961 - Business income - Chargeable as - Whether where Tribunal allowed assessee's claim on account of interest on excess collection of levy sugar price, a question of law did arise from order of Tribunal which was required to be referred - Held, yes Note: The case has been decided in favour of the revenue. CASE REFERRED TO Triveni Engg. Works Ltd. v. CIT [1983] 144 ITR 732 (All.) (F.B.). JUDGMENT By these applications, the Revenue requires us to direct the Tribunal to draw up a statement of the case and refer two questions. So far as question No. 1 is concerned, the same was decided against the Revenue by a Full Bench of this court in Triveni Engineering Works Ltd. v. CIT [1983] 144 ITR 732. We,…

Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in /home/digixyei/sldsystempk.com/view/master-layout/view_case.php on line 492