2002 (11) TMI 59 - HC - Income Tax

Question of law - Whether, on the facts and in the circumstances of the case, the Tribunal was correct in law in holding that the assessee was not entitled to relief under section 80HHC in respect of realised bad debts pertaining to exports ? - we are of the view that the order of the Income-tax Appellate Tribunal does involve a substantial question of law.

Summary

The High Court of Delhi admitted an appeal regarding a substantial question of law related to the entitlement of relief under section 80HHC for realised bad debts pertaining to exports. The appellant was directed to file paper books within three months for the appeal to be listed for a regular hearing.