1999 (12) TMI 19 - HC - Income Tax

Summary

The High Court of Delhi admitted the appeal regarding two substantial questions of law arising from the Tribunal's order on ITA No. 1491/Delhi of 1996 for the assessment year 1992-93. The questions involve deduction of interest payable on loans from J and K Bank and the disallowance of expenses on estimate basis. The appellant is required to file ten copies of documents within three months for the appeal to be listed for hearing.