2017 (9) TMI 186

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.... P. C. 1. After having heard Mr. Pinto and perusing the order of the Tribunal impugned in this appeal dated 30-8-2013, we are of the firm view that the questions proposed as question Nos.4(a) and (b) are not substantial questions of law. 2. Mr. Pinto, appearing for the Revenue, would submit that even these are substantial questions of law, but we find that for the Assessment Year in questio....

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.... the disallowance of interest in respect of Bonds issued by the assessee cannot be upheld. The reasons that have been assigned and in para 2.5 are consistent with the materials placed on record. Then, the Tribunal considered the disallowance of other expenses and on that also the Tribunal concluded in paragraph 3.4 that the Commissioner of Income Tax (Appeals) committed no error in allowing the ap....

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....,32,122/made in book profit u/s.115JB of the IT Act, 1961? (ii) Whether on the facts and in the circumstances of the case the Hon'ble Tribunal was right in its interpretation of the subclause (f) of Explanation 1 of Section 115JB wherein it has held that the provisions of Section 14AA cannot be imported into Section 115JB while computing book profits? 6. The Registrar (Judicial)/Registra....