2004 (7) TMI 60

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....ppeal is preferred against the order of the Income-tax Appellate Tribunal, Madras Bench "C", dated April 10, 2001 in I.T.A. No. 1489 of 1993. The following substantial question of law was raised for consideration: "Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that the interest on deposit with the S.B.I. should be treated as income derived from an....

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....e the Income-tax Appellate Tribunal which was dismissed. Hence, the present appeal by the appellant/Revenue. The substantial question of law raised in this appeal as to whether the Tribunal was right in holding that the interest on deposit with the S.B.I, should be treated as income derived from an industrial undertaking for the purpose of relief under section 80HHC of the Income-tax Act is ans....