2020 (1) TMI 1505 - SCH - Income Tax

Appeal admitted for substantial question of law - deduction u/s 80IB on duty draw back - deduction u/s. 80IB on interest income on FDI/ICD - addition made on account of upward adjustment u/s. 92CA(3) of the Act on account of guarantee fee on loans availed by AEs of Assessee against guarantee of Assessee - HELD THAT - No reason to interfere with the judgment and order passed by the High Court. Consequently, the Special Leave Petition is dismissed.

Summary

The Supreme Court of India dismissed the Special Leave Petition as they saw no reason to interfere with the judgment and order passed by the High Court. Pending applications, if any, are disposed of.