https://www.taxtmi.com/caselaws?id=461982 Computation of income and notional interest on excess money invested were treated as settled issues under Bombay High Court precedent. The court noted that the income-computation question was already concluded by its earlier decision in M/s. PMP Auto Components Pvt. Ltd., following Vodafone Services Pvt. Ltd. v. Union of India, and therefore did not raise a substantial question of law. It also recorded that the notional-interest issue, framed as opportunity cost and uncontrolled-transaction recovery, had already been decided in favour of the assessee in M/s. Aegis Limited. Both proposed questions were therefore not entertained. en-us Tue, 26 Feb 2019 00:00:00 +0530 Mon, 12 May 2025 19:09:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=461982 Computation of income and notional interest on excess money invested were treated as settled issues under Bombay High Court precedent. The court noted that the income-computation question was already concluded by its earlier decision in M/s. PMP Auto Components Pvt. Ltd., following Vodafone Services Pvt. Ltd. v. Union of India, and therefore did not raise a substantial question of law. It also recorded that the notional-interest issue, framed as opportunity cost and uncontrolled-transaction recovery, had already been decided in favour of the assessee in M/s. Aegis Limited. Both proposed questions were therefore not entertained. Case-Laws Income Tax Tue, 26 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=461982