https://www.taxtmi.com/caselaws?id=345897 A factual finding that the loan was used to acquire the vessel, when supported by documentary evidence and not shown to be perverse, did not give rise to a substantial question of law under Section 43A. The component of FEFG already covered by an earlier order could not be subjected to separate taxation under the tonnage tax scheme. On both issues, the matter was decided against the Revenue and in favour of the assessee, and the challenge failed in full. en-us Mon, 24 Jul 2017 00:00:00 +0530 Fri, 28 Jul 2017 23:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345897 A factual finding that the loan was used to acquire the vessel, when supported by documentary evidence and not shown to be perverse, did not give rise to a substantial question of law under Section 43A. The component of FEFG already covered by an earlier order could not be subjected to separate taxation under the tonnage tax scheme. On both issues, the matter was decided against the Revenue and in favour of the assessee, and the challenge failed in full. Case-Laws Income Tax Mon, 24 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345897