https://www.taxtmi.com/caselaws?id=397822 The High Court dismissed the Tax Case Appeal, finding no substantial questions of law for consideration. The appeal before the First Appellate Authority was deemed maintainable despite the corrected computation of taxable total income. The applicability of Section 294(4) of the Income Tax Act in the context of revised income computation was analyzed. The Court considered whether the second appeal proceedings should include revised income computations. The rejection of an additional/fresh claim by the Appellate Tribunal was scrutinized for lack of supporting evidence, ultimately leading to the dismissal of the appeal without costs. en-us Wed, 19 Aug 2020 00:00:00 +0530 Sat, 29 Aug 2020 20:10:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397822 The High Court dismissed the Tax Case Appeal, finding no substantial questions of law for consideration. The appeal before the First Appellate Authority was deemed maintainable despite the corrected computation of taxable total income. The applicability of Section 294(4) of the Income Tax Act in the context of revised income computation was analyzed. The Court considered whether the second appeal proceedings should include revised income computations. The rejection of an additional/fresh claim by the Appellate Tribunal was scrutinized for lack of supporting evidence, ultimately leading to the dismissal of the appeal without costs. Case-Laws Income Tax Wed, 19 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397822