https://www.taxtmi.com/caselaws?id=284671 Interest accrual on deposits held on behalf of the Government was treated as a predominantly factual tax issue, and the HC found that the authority below had correctly and completely determined the relevant factual matrix. Because the appeal did not raise any substantial question of law, no legal basis existed for appellate interference, and the appeal failed. The decision turns on the character of the Board's transactions and the factual appreciation of the taxability of the interest income, rather than on any unsettled legal principle. en-us Thu, 01 Nov 2018 00:00:00 +0530 Tue, 03 Dec 2019 10:12:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284671 Interest accrual on deposits held on behalf of the Government was treated as a predominantly factual tax issue, and the HC found that the authority below had correctly and completely determined the relevant factual matrix. Because the appeal did not raise any substantial question of law, no legal basis existed for appellate interference, and the appeal failed. The decision turns on the character of the Board's transactions and the factual appreciation of the taxability of the interest income, rather than on any unsettled legal principle. Case-Laws Income Tax Thu, 01 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284671