https://www.taxtmi.com/caselaws?id=406430 The Court adjudicated on the interpretation of the scope of appeal under Section 260-A of the Income Tax Act, 1961, and the setting off of losses against profits under Section 10A. The matter was remanded for de novo consideration by the CIT(A). The Court found that substantial questions (i) and (iii) were academic, while the second substantial question (ii) was decided in favor of the appellant. Consequently, the impugned order was quashed in relation to substantial question No. (ii), leading to the disposal of the appeal. en-us Wed, 24 Mar 2021 00:00:00 +0530 Wed, 14 Apr 2021 08:48:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406430 The Court adjudicated on the interpretation of the scope of appeal under Section 260-A of the Income Tax Act, 1961, and the setting off of losses against profits under Section 10A. The matter was remanded for de novo consideration by the CIT(A). The Court found that substantial questions (i) and (iii) were academic, while the second substantial question (ii) was decided in favor of the appellant. Consequently, the impugned order was quashed in relation to substantial question No. (ii), leading to the disposal of the appeal. Case-Laws Income Tax Wed, 24 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406430