https://www.taxtmi.com/caselaws?id=31146 The court dismissed the appeal under Section 260A of the Income Tax Act, 1961, as no substantial question of law was found. The dispute arose from the adjustment of unutilized MODVAT credit in the revaluation of opening stock for the assessment year 1999-2000. The court relied on a previous judgment that settled a similar issue, concluding that the revenue's contention lacked merit. Consequently, the appeal was dismissed, affirming the Income Tax Appellate Tribunal's decision in favor of the assessee. en-us Thu, 10 Apr 2008 00:00:00 +0530 Mon, 20 Oct 2008 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=31146 The court dismissed the appeal under Section 260A of the Income Tax Act, 1961, as no substantial question of law was found. The dispute arose from the adjustment of unutilized MODVAT credit in the revaluation of opening stock for the assessment year 1999-2000. The court relied on a previous judgment that settled a similar issue, concluding that the revenue's contention lacked merit. Consequently, the appeal was dismissed, affirming the Income Tax Appellate Tribunal's decision in favor of the assessee. Case-Laws Income Tax Thu, 10 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=31146