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2017 (7) TMI 1058 - SCH - Income Tax
Adjustment for interest on receivables - Held that - We are in agreement with the High Court 2016 (9) TMI 196 - DELHI HIGH COURT that as far as Question-B concerning adjustment for interest on receivables is concerned the Tribunal has returned a finding of fact. The Court finds that the ITAT has returned a detailed finding of fact that the Assessee is a debt free company and the question of receiving any interest on receivables did not arise. No substantial question of law
The Supreme Court dismissed the special leave petition, concurring with the High Court's decision that the Tribunal's finding on interest adjustment for receivables is a factual matter, not raising any substantial legal question.
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