TaxTMI 
TaxTMI 
2008 (11) TMI 80
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....ered by ADARSH KUMAR GOEL J.— Delay in refiling the appeal is condoned. 2. The Revenue has preferred this appeal under section 260A of the Income-tax Act, 1961 (for short "the Act"), against the order of the Income-tax Appellate Tribunal, Chandigarh Bench "A", Chandigarh, passed in I. T. A. No. 522/Chandi/2004, dated October 31, 2006, for the assessment year 1997-98, proposing to raise t....
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.... sales tax and excise duty were realised as a part of sale proceeds of the goods manufactured by the respondent? (iii) Whether, on the facts and law, the hon'ble Income-tax Appellate Tribunal was justified in holding that deduction under section 80M was to be allowed without allocating personal and administrative and financial expenses proportionately for computing the net dividend income referre....
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....been affirmed by the Tribunal. 4. On July 29, 2008, following order was passed "Present Mr. Rajesh Sethi, advocate for the appellant. Learned counsel for the appellant contends that only questions Nos. 1 and 3 are surviving for consideration of this court and as far as question No. 2 is concerned, the same has already been answered against the Revenue by this court in the case of CIT v. Vardhma....