2001 (10) TMI 67 - HC - Income Tax

Summary

The High Court of Madras ruled on two questions for the assessment year 1981-82. The first question was about the assessee's entitlement to deduction under section 80HH of the Income-tax Act, which was denied by the Tribunal. The second question was about the maintainability of an appeal under section 246 for interest under section 214, which was deemed valid due to other questions raised. The first question was answered against the assessee, while the second question was answered in favor of the assessee.