Debt-free company's interest on receivables adjustment upheld as factual finding, no substantial legal question arose

The SC upheld the HC's decision regarding adjustment for interest on receivables. The ITAT had made a detailed factual finding that the assessee was a debt-free company, making the question of receiving interest on receivables irrelevant. The SC agreed with the HC that this was purely a finding of fact by the Tribunal. Since no substantial question of law arose from the matter, the SC dismissed the appeal, confirming that the issue was factual in nature and properly determined by the lower authorities.

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The Supreme Court dismissed the special leave petition, concurring with the High Court's decision that the Tribunal's finding on interest adjustment for receivables is a factual matter, not raising any substantial legal question.

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