2014 (5) TMI 284

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.... ORDER This is an appeal under Section 260A of the Income Tax Act arising from the order of the Tribunal dated 17.1.2003 for the assessment year 1992-93 raising following questions: "(i) Whether on a true and correct interpretation of the provisions of Section 28 and other related provisions as falling in Chapter IV-D of the Act, the Tribunal was legally correct in holding that the income....

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....remained with it as unsold tickets) merely represented incremental to the business income of the assessee; (e) the view taken by the revenue in the matter of applicability of provisions of TDS under section 194B; and (f) overall scheme of the Act. the sum of Rs.37,480/- was assessable as business income earned by the assessee in normal course and view to the contrary is erroneous in law a....