2008 (12) TMI 6

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....p Sapra for the Appellant. Ms. Prem Lata Bansal with Mr. Mohan Prasad Gupta and Ms. Anshul Sharma for the Respondent. JUDGMENT The judgment of the court was delivered by BADAR DURREZ AHMED, J (ORAL) - This appeal is directed against the order dated 26.10.2007 passed by the Income-tax Appellate Tribunal in ITA No.2556/Del/2005 pertaining to the assessment year 2001-02. The learned couns....

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.... the Income-tax Appellate Tribunal was justified in holding that the appellant was not entitled to deduction under Section 80 HHC of the said Act on the interest earned on FDRs amounting to Rs 82,370/- ?" 2. Insofar as the proposed question No.1 is concerned, the counsel for the appellant as well as the counsel for the respondent / revenue agree that the same stands covered in favour of the ass....