The Tax Publishers2021 TaxPub(DT) 0778 (Mad-HC)

INCOME TAX ACT, 1961

Section 260A

Appeal filed by revenue was liable to be dismissed as present appeal was only question of fact and where Tribunal and CIT(A) had given a categorical and substantial finding with regard to all the issues.

Appeal (High Court) - Substantial question of law - Concurrent finding of fact recorded by Tribunal -

Revenue filed appeal against the order of Tribunal confirming order of CIT(A) allowing deduction on account of amortization of expenditure under section 35D, deleting the addition being the estimated disallowance out of general expenses, disallowance of interest and addition under the head 'information and processing charges'. Held: The issues involved in the present appeal was only question of fact and Tribunal and CIT(A) had given a categorical and substantial finding with regard to all the issues. Thus ,there being no grounds found any much less any substantial question of law to interfere with the order of Tribunal, appeal filed by revenue was liable to be dismissed.

REFERRED :

FAVOUR : In favour of assessee.

A.Y. : 1995-96



IN THE MADRAS HIGH COURT

SUBSCRIBE TaxPublishers.inSUBSCRIBE FOR FULL CONTENT

TaxPublishers.in

'Kedarnath', 7, Avadh Vihar, Near Nirali Dhani,

Chopasni Road

Jodhpur - 342 008 (Rajasthan) INDIA

Phones : 9785602619 (11 am - 5 pm)

E-Mail : mail@taxpublishers.in / mail.taxpublishers@gmail.com