https://www.taxtmi.com/caselaws?id=12781 The court upheld the decision of the Income-tax Officer and the Appellate Assistant Commissioner, emphasizing that new pleas cannot be entertained after a significant period, especially when not raised earlier. It stressed the necessity of proving a factual link between intangible additions from previous years and the cash credit in question. The court declined to answer the questions raised, stating that no material was presented to substantiate the connection between intangible additions and the cash credit, reiterating that factual evidence is crucial in allowing credit for intangible additions. en-us Tue, 07 Aug 2001 00:00:00 +0530 Fri, 22 May 2009 10:23:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12781 The court upheld the decision of the Income-tax Officer and the Appellate Assistant Commissioner, emphasizing that new pleas cannot be entertained after a significant period, especially when not raised earlier. It stressed the necessity of proving a factual link between intangible additions from previous years and the cash credit in question. The court declined to answer the questions raised, stating that no material was presented to substantiate the connection between intangible additions and the cash credit, reiterating that factual evidence is crucial in allowing credit for intangible additions. Case-Laws Income Tax Tue, 07 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12781