2016 (11) TMI 1016 - HC - Income Tax

Legality of including the amounts received by the appellant by way of reimbursement under Section 44BB of the Income Tax Act - Held that - Tribunal has followed the decision of the Coordinate Bench and found that the issue is covered against the appellant and dismissed the appeal. No reason to entertain this Appeal.

Summary

The High Court of Uttarakhand dismissed the appeal regarding the legality of including reimbursement amounts under Section 44BB of the Income Tax Act. The decision was based on the issue being covered against the appellant by a previous decision of the Coordinate Bench. The appeal was dismissed with no order as to costs.