https://www.taxtmi.com/caselaws?id=187445 The High Court dismissed the appeal under section 260A of the Income Tax Act, 1961 for the assessment year 2006-07. The Court found that the issues raised regarding depreciation on capital assets, unexplained payment to Haryana State Agricultural Marketing Board, and interest accrued on advance to Haryana State Electricity Board did not constitute substantial questions of law. The Tribunal's decision on the cash system of accounting and lack of actual accrual of interest income was upheld, resulting in the dismissal of the appeal. en-us Wed, 07 Jul 2010 00:00:00 +0530 Fri, 21 Oct 2016 18:24:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187445 The High Court dismissed the appeal under section 260A of the Income Tax Act, 1961 for the assessment year 2006-07. The Court found that the issues raised regarding depreciation on capital assets, unexplained payment to Haryana State Agricultural Marketing Board, and interest accrued on advance to Haryana State Electricity Board did not constitute substantial questions of law. The Tribunal's decision on the cash system of accounting and lack of actual accrual of interest income was upheld, resulting in the dismissal of the appeal. Case-Laws Income Tax Wed, 07 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187445