https://www.taxtmi.com/caselaws?id=278209 The Court dismissed the Revenue's appeal under Section 260A of the Income Tax Act, 1961, as none of the raised issues gave rise to substantial questions of law. The Court held that the Revenue's failure to raise specific issues before the Tribunal and present new arguments or evidence barred them from challenging the Tribunal's decisions. Consequently, the Court did not entertain the issues related to deduction under Section 10A for interest on fixed deposits and tax refund, classification of interest on deposits, and allowance of brought forward unabsorbed depreciation and business loss for setoff. No costs were awarded in this matter. en-us Mon, 21 Mar 2016 00:00:00 +0530 Fri, 18 Jan 2019 10:04:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278209 The Court dismissed the Revenue's appeal under Section 260A of the Income Tax Act, 1961, as none of the raised issues gave rise to substantial questions of law. The Court held that the Revenue's failure to raise specific issues before the Tribunal and present new arguments or evidence barred them from challenging the Tribunal's decisions. Consequently, the Court did not entertain the issues related to deduction under Section 10A for interest on fixed deposits and tax refund, classification of interest on deposits, and allowance of brought forward unabsorbed depreciation and business loss for setoff. No costs were awarded in this matter. Case-Laws Income Tax Mon, 21 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278209